No recent movement
First Home Guarantee Bill
- Introduced15 February 2025
What does this bill do, in plain English?
Amends the Housing Affordability scheme to increase the number of guaranteed places from 35,000 to 50,000 per year, extend eligibility to single parents earning up to $150,000, and include regional price caps.
The case on both sides
Supporters say
Helps more Australians into home ownership. Reduces the deposit barrier which is the biggest obstacle for first buyers. Costs government nothing unless borrowers default.
Critics say
Increases demand without increasing supply, pushing prices up further. Encourages people to take on debt they may not be able to afford. Benefits are captured by existing homeowners through higher prices.
How parliament votes on this issue
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