Concerns raised over new first-home buyer government incentives in Federal Budget

Do any of these schemes actually work (ie, achieve what they’re intended to achieve)? If the goal is to make property ‘more affordable’ to first-home buyers, the reality is that the market adjust itself to absorb the benefits (if any). So who really benefits? The buyer – or the seller?

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Australia’s leading national real estate body has expressed concern that newly announced first-home buyer incentives may not be of use to many of those looking to make their initial entry into the property market.