Finance News from Car Loans Australia

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Expanded 5% Deposit Scheme Opens Doors for First Home Buyers
Expanded 5% Deposit Scheme Opens Doors for First Home Buyers
16 Apr 2026: Paige Estritori
The Australian Government has expedited the launch of its expanded 5% Deposit Scheme, now effective from October 1, 2025, to assist first home buyers in entering the property market sooner. This initiative allows eligible individuals to purchase a home with a deposit as low as 5%, without the burden of Lenders Mortgage Insurance (LMI). - read more
Surge in First Home Buyer Loans Reflects Effective Government Support
Surge in First Home Buyer Loans Reflects Effective Government Support
16 Apr 2026: Paige Estritori
The Australian housing market has witnessed a significant surge in first home buyer activity, with the number of new loans rising by 6.8% to 31,783 in the December quarter of 2025. This marks the most substantial increase since the December quarter of 2023, according to the Australian Bureau of Statistics (ABS). - read more
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