{"id":294368,"date":"2025-10-01T16:15:00","date_gmt":"2025-10-01T06:15:00","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=294368"},"modified":"2025-10-01T16:02:54","modified_gmt":"2025-10-01T06:02:54","slug":"australia-launches-uncapped-5-deposit-scheme-for-first-home-buyers","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=294368","title":{"rendered":"Australia Launches Uncapped 5% Deposit Scheme for First Home Buyers"},"content":{"rendered":"\n<p>The Australian Labor Government rolled out its expanded Home Guarantee Scheme on October 1, 2025, allowing first home buyers to secure mortgages with a 5% deposit without lenders mortgage insurance, with Prime Minister Anthony Albanese and Housing Minister Clare O&#8217;Neil projecting 50,000 participants in the first year and average savings of $20,000 in fees.<\/p>\n\n\n\n<p>The uncapped policy raises property price thresholds to $1.5 million in Sydney and $1 million in Melbourne, targeting incomes under $125,000 for singles or $200,000 for couples.<\/p>\n\n\n\n<p>Opposition leaders including Peter Dutton and economists criticize the initiative for potentially increasing property prices and household debt amid ongoing supply shortages.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The uncapped policy raises property price thresholds to $1.5 million in Sydney and $1 million in Melbourne.<\/p>\n","protected":false},"author":22,"featured_media":166840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273,999,35],"tags":[9031,10839],"class_list":["post-294368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-australia-politics","category-breaking-news","tag-anthony-albanese","tag-australian-labor-party"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/294368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=294368"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/294368\/revisions"}],"predecessor-version":[{"id":294369,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/294368\/revisions\/294369"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/166840"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=294368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=294368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=294368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}