Article 60H1X New South Wales to trial $780m shared equity scheme for first homebuyers

New South Wales to trial $780m shared equity scheme for first homebuyers

by
Christopher Knaus
from World news | The Guardian on (#60H1X)

State government to fund 40% of purchase for single parents, older singles, nurses, police and teachers

The New South Wales government has announced a shared equity trial to help single parents, older singles, nurses, police and teachers to buy their first home.

The $780m shared equity scheme was announced by the state government on Sunday ahead of its state budget on Tuesday, which will include a broader $2.8bn package to address the housing crisis.

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