A Budget To Back First Home Buyers

More first home buyers could find it easier to get into the property market, after the Morrison Government committed to doubling the size of its Home Guarantee Scheme.

Ahead of the official announcement of the Federal budget, the Government pledged to double the number of places available in the New Home Guarantee Scheme to 50,000 a year.

Aimed at helping more young Aussies and more single-parent families to purchase their first home, with 35,000 of the 50,000 places in the expanded scheme reserved for first home buyers wanting to purchase new or existing homes.