NZ indicates PM's home deposit plan will suit a ‘niche’ market | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

As Prime Minister Scott Morrison defends his first home buyers plan, experts are shedding light on how a similar scheme has been working in New Zealand.

One mortgage broker has told Sky News that a policy, which has been in place since 2003, has had a ‘lukewarm’ response, with just 10 per cent of first home buyers using the scheme.

Craig Pope says it fills a ‘niche’ group of people: those unattractive to the banks but who can fulfil their repayment obligations. While the scheme in New Zealand requires a 10 per cent deposit, the plan announced by Mr Morrison, and backed by Labor, would allow first home buyers to purchase a house with just a five per cent deposit. Image: News Corp Australia

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 7. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

It works in New Zealand, but has low numbers using it due to the overpriced housing market and unrealistic expectations of firsthomebuyers

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Scott Morrison rules out revisiting big business tax cuts | Sky News AustraliaPrime Minister Scott Morrison has ruled out revisiting big business tax cuts following the release of a new attack ad from Labor. \n\nThe advertisements suggests that if re-elected, the Coalition will reconsider the corporate tax cuts, particularly after forming a preference deal with Clive Palmer.\n\nMr Morrison says he can ‘absolutely, 100 per cent’ rule out revisiting the policy.\n\nThe Prime Minister made the promise while campaigning in the Nationals-held seat of Cowper on the NSW mid-north coast, believed to be under serious threat from Independent Rob Oakeshott.\n\nImage: News Corp Australia\n\n\n\n\n\n\n 😂 I think I may have just seen a flying 🐖
Källa: SkyNewsAust - 🏆 7. / 78 Läs mer »