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Podcast: Australian Finance Podcast
Episode: Low deposit, high stakes: Inside Australia's 5% revolution
Description: In this Australian Finance Podcast episode, your hosts Pete Wargent of Allen Wargent Property Buyers and Gemma Mitchell from Rask discuss whether first homebuyers should use the 5% deposit scheme.
Here’s what they cover:
-Criteria for qualifying for the new schemeÂ
-The new property price caps
-Getting the right loan
-Managing cashflows
-Retaining a buffer
-The benefits of using the 5% deposit scheme
-The risk and the drawbacks
And their summary thoughts and tips.Â
This...