HomeGeneral NewsGovernment homebuyer scheme ‘washed out’ as rate hikes hit home

Government homebuyer scheme ‘washed out’ as rate hikes hit home

June 16, 2026

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Anthony Albanese’s government tried to save the Great Australian Dream with government backing for home loans. The Reserve Bank has thwarted the attempt.

Thousands of would-be first home buyers across Australia are putting the great Australian dream on pause after an Albanese government effort…

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