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Dutton to open bank of mum and dad to kids

  • The method of using the bank of Mum and Dad is considered the best for first home buyers, but not everyone can access this option, which can strain parents and grandparents.
  • Expert Queenie Tan suggests that existing government schemes, such as the First Home Buyers Assistance Scheme, should be prioritized by potential buyers seeking assistance early in the home buying process.
  • Zein El Hassan advises potential buyers to utilize free digital financial tools to better understand home purchasing before committing.
  • Experts rank popular property-purchase methods for first home buyers, revealing that 5% deposit options exist, contrary to the belief that 20% is always required.
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easternriverinachronicle.com.aueasternriverinachronicle.com.au
+4 Reposted by 4 other sources
Lean Left

Parental support crucial in young Aussies' home buying

As housing hits the election, buyers tell how difficult home ownership is today.

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right
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Herald Sun broke the news in Melbourne, Australia on Monday, April 14, 2025.
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