Only weeks after Prime Minister Scott Morrison announced a new first home buyer (FHB) deposit subsidy, Western Australia’s Housing Minister, Peter Tinley, has urged the Coalition to go further and implement a national rollout of Western Australia’s Keystart low-deposit loan scheme, which allows eligible buyers to purchase a home with a 2% deposit in Perth and up to 7% in regional areas without paying lender’s mortgage insurance. From The ABC:
The Keystart scheme was first introduced in 1989 under the Labor Party.
