💨 Abstract

Australia's government plans to invest A$10 billion to construct up to 100,000 homes for first-time buyers, aiming to ease housing affordability ahead of the May 3 general election. The government will partner with developers and industry, offering grants and loans, and guaranteeing a portion of a first home buyer's loan to enable them to buy a home with a 5% deposit.

Courtesy: theprint.in

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