Labor’s 5% deposit scheme ignored regulatory warnings
Housing Minister Clare O’Neil has defended the federal government’s 5% home deposit scheme amid renewed criticism from Coalition counterpart Andrew Bragg. A spokesman for O’Neil says the scheme has a default rate of less than 0.01%, while it has helped more than 260,000 Australians to buy their own home. Meanwhile, Treasury documents that Bragg has The post Labor’s 5% deposit scheme ignored…
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