🗣 The conversation continues!
How can we (Australia) help First Home Buyers get access to the property market sooner? Ideally we don't want homeowners carrying large mortgages into retirement, right?
"Vanguard research found 85% of those who own their home feel confident about retirement, compared to 45% of those who rent" (Vanguard)
There is a Super and Wealth Summit on right now discussing supportive policies.
▶️ The Coalition will take to the 2025 election a policy to allow access up to $50,000 or Super to buy a home
▶️ Grattan Institute suggests that compulsory super rate is high and could be reallocated to households
▶️ Vanguard believes that focus should be toward building more homes (increase supply)
▶️ Some say access to higher loan sizes (with lower deposits) will help.
As long as we do something, and educate the new generation of buyers along the way, we need to move forward.
Email james@trulyfinance.com.au for a copy of the AFR article (link in comment)
Truly Finance's mortgage broker advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we strive to be the best mortgage brokers!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
Andrew O'Brien. Senior Mortgage Broker ☎️ 0451 308 292
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
#FirstHomeBuyers #Policy #TrulyFinance #Finance #Mortgages #HomeLoans #BestMortgageBrokers #MortgageBrokers
Credit Representative Numbers 521733, 550284, 550765 & 547037 are authorised under Australian Credit Licence 389328
