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Podcast: Australian Finance Podcast
Episode: No caps, no LMI, no waitlist — the new 5% deposit rules explained
Description: In this short Wednesday bonus episode of the Australian Finance Podcast, hosts Gemma Mitchell and Owen Rask unpack the government’s newly expanded 5% Deposit Scheme — what it means for first home buyers, who’s eligible, and how it can help you get into the property market sooner.
It’s a quick, practical breakdown of the key updates — no income caps, no property price limits, and no Lenders Mortgage Insurance — plus what to consider before jumping in.
Chapters (approximate)
(00:00) Introduction
(04:13) Understanding the Mechanics of Home Loans
(05:43) Implications of the 5% Deposit Sche...