The budget expands the Help to Buy housing scheme. Here's how it works
- The Albanese Government is expanding the Help to Buy scheme with an additional $800 million, totaling $6.3 billion in funding.
- The income cap for individuals is now $100,000, and for couples, it’s $160,000, allowing them to qualify for assistance.
- The federal budget allocates $33 billion to tackle housing affordability, which includes measures for renters and first home buyers.
- The government aims to assist 40,000 Australians in buying homes over four years, highlighting improvements for young families and individuals.
Insights by Ground AI
Does this summary seem wrong?
6 Articles
6 Articles
All
Left
3
Center
Right
2
Coverage Details
Total News Sources6
Leaning Left3Leaning Right2Center0Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
R 40%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage