Australia’s New 5% Deposit Rule Could Supercharge the Housing Market, But Supply Remains the Achilles’ Heel

A Game-Changing Shift in Housing Policy

In one of the most significant housing reforms in recent years, the Albanese Government is preparing to expand the First Home Guarantee scheme, allowing any Australian, including previous homeowners, to purchase property with as little as a 5% deposit.

The reform marks a major shift in housing policy, transforming what was once a first-home buyer initiative into a broad-based affordability mechanism designed to tackle record-low homeownership and rising cost-of-living pressures.

Under the new proposal, Lenders Mortgage. . .