With good reason. As we know, Housing Minister Michael Sukkar has morphed from policymaker to spiv in the blink of an eye, via The Australian:
Housing Minister Michael Sukkar has urged first-home buyers to try to snap up a property now, ahead of the government’s signature loan deposit scheme starting next year, warning that housing prices are likely to increase.
Mr Sukkar’s bold comments come as the government puts the finishing touches on the First Home Loan Deposit Scheme, which Scott Morrison announced as a major pre-election promise. From January 1, it will enable some first-time buyers to purchase a house with as little as a 5 per cent deposit.
