Dossier
first home buyers
Coverage of first home buyers in the Nexus archive.
- Property prices may drop but it’s decades of policy failure, not the budget, to blame
The article discusses potential property price drops in Australia, attributing the issue to decades of policy failure rather than the budget. It highlights a shift for investors to focus on established properties with actual profitability, creating opportunities for first home buyers.
- Jim Chalmers says budget changes allowing first home buyers to ‘have a crack’
Auction clearance rates in Australia dropped to 54.5% in late May, leading Treasurer Jim Chalmers to suggest this may benefit first home buyers by reducing competition from investors. Chalmers noted that falling home prices and declining auction participation indicate broader market shifts, though he stated Labor's property tax reforms are not the sole cause.