Think you need a 20% deposit to get your foot in the door? For many first home buyers in 2026, that's no longer the case. The federal government's Home Guarantee Scheme lets eligible buyers purchase with as little as a 5% deposit — and without paying Lenders Mortgage Insurance (LMI), which can otherwise add thousands to your loan. What the 5% deposit scheme means for you Under the scheme, the...
Breaking out of the rent trap can feel impossible when you add stamp duty on top of a deposit. But here's something many first home buyers in Queensland don't realise: if you buy a brand-new home, you could pay zero stamp duty — and there's no price cap on that exemption. The $0 stamp duty change For contracts dated 1 May 2025 or later, eligible Queensland first home buyers pay no transfer (stamp)...