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Podcast: The PROPERTY DOCTORS, Sydney Australia Novak Properties
Episode: EP. 1385 - FEDERAL BUDGET UNCOVERED: WHY IT'S A GAME-CHANGER FOR REAL ESTATE!
Description: What exactly is a federal budget and why should everyday Australians care about this one? Tonight's budget announcement promises significant changes that could reshape Australia's housing landscape, especially for those struggling to enter the property market.At its core, this budget aims to win hearts with targeted measures addressing housing affordability. The most substantial change comes for first-home buyers through an enhanced shared equity scheme allowing eligible purchasers—particularly key workers—to enter the market with just a 2% deposit. The government will contribute up to 30% ownership for existing homes and 40% for new builds, with eligibility thresholds raised to $...