NT Government summons sub-prime first home buyers

Tuesday, 5 March 2019

With Darwin’s dwelling values crashing, down 27% since their May 2014 peak:

The Northern Territory Government has created the most generous (reckless?) first home buyers’ (FHB) scheme. From Domain:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.