Buying your first home just got easier… the Government hopes. Its new home ownership scheme comes into effect from today, allowing first-time purchasers to secure a home with a 5% deposit, down from the standard 20%.  The Government says it wants to ensure more renters own a home but the Opposition has called it "a dark day for the Australian dream". It comes as property experts warn the initiative will further drive up house prices. We’ll explain everything you need to know in today’s deep dive.

Hosts: Emma Gillespie and Billi FitzSimons
Producer: Orla Maher

Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful.

The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.

Want more from TDA?
Subscribe to The Daily Aus newsletter
Subscribe to The Daily Aus’ YouTube Channel

Have feedback for us?
We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.

Buying your first home just got easier&hellip; the Government hopes. Its new home ownership scheme comes into effect from today, allowing first-time purchasers to secure a home with a 5% deposit, down from the standard 20%.&nbsp; The Government says it wants to ensure more renters own a home but the Opposition has called it "a dark day for the Australian dream". It comes as property experts warn the initiative will further drive up house prices. We&rsquo;ll explain everything you need to know in today&rsquo;s deep dive.
Hosts: Emma Gillespie and Billi FitzSimons Producer: Orla Maher
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.
TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast that breaks down issues important to young people in Australia.

The Daily Aus

The Daily Aus podcast is a five-minute entree to your news diet, and is presented by co-founders Sam (27) and Zara (25). Join them every weekday morning as they cover the news of the day in your language and take a deep dive into the biggest story of the day so that you’re armed with talking points when you meet your blind date, get caught chatting in the coffee line or have to face the in-laws. Over 400,000 Australians get their news from The Daily Aus on Instagram, and now they're hitting your headphones.

The new rules for first home buyers

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/1c937ce7-8c56-490d-814b-b3680068d5fe/transcript