Australia news live: PM says new home buyers scheme will see ‘minimal’ increase in prices; Ley sets KPIs for frontbenchers
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In a recent announcement in Sydney, Prime Minister Anthony Albanese introduced a new 5% deposit scheme aimed at helping first home buyers enter the property market. This initiative is expected to have a minimal impact on housing prices, providing a much-needed boost for those struggling to afford their first home. The scheme is significant as it addresses the ongoing housing affordability crisis in Australia, making home ownership more accessible for many families and individuals.
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