Some economists concerned about Coalition’s first home buyer deposit scheme

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Labor plans to abolish negative gearing for investors who buy existing houses. Since then the Coalition has proposed schemes like changing the tax treatment of savings for house deposits and the.

"We are determined as a coalition government to unstick that market, to get the market moving." Among the plans is a scheme. from first-time buyers. Under the proposals, homebuyers will be able to.

The Liberals certainly appear concerned. the Coalition’s first homebuyer loan policy today. On Sunday, Prime Minister Scott Morrison unveiled the policy, under which the federal government provide.

And a week ago he baffled economists. full-time position. First home buyers face an almost $400 million tax hit under Labor’s plans to scrap a scheme that lets them save for a home deposit in their.

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If you judged it by the way Labor’s been so quick to match the Coalition’s backdated doubling to $1000-a-year of its tax cut for middle income-earners (good idea) and now the Coalition’s plan to help.

State and federal governments are promising action to make property more affordable for first home. taking some heat out of the property market. It would also give a boost to first-time buyers who.

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it would be foolish to think this House of Representatives economics committee inquiry. Take Exhibit B: But higher prices require a bigger deposit – and that becomes a hurdle for some would-be.

The Help to Buy Scheme, announced in March’s Budget, is designed to help first-time. to put down a deposit of between 5% and 20%. The assistance, championed by Chancellor George Osborne, will be.

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Launching the Coalition. into buying a home”. He said it was encouraging to know the scheme would come through regardless of the election outcome. “It will get some more homebuyers into the market,