Home ownership among young people is declining, as mortgage debt almost doubles for the same age group, results from the Household Income and Labour Dynamics in Australia (HILDA) survey show. It also shows young people are living with their parents longer. The Melbourne Institute of Applied Economic and Social Research undertakes
Tag: mortgage
First home buyer grant “Pitted” by the Queensland Treasurer
Grant announcement Queensland Treasurer, the Hon. Curtis Pitt has announced in the State Budget that the $20,000 first home buyer’s grant will continue for another six months. The extra $30 million announced in the budget will extend the grant's reach until the 31 December 2017 for properties priced under $750,000. But the