Will the government’s first home loan deposit scheme really help FHB's?

In the lead-up to the recent Federal election the Coalition announced the First Home Loan Deposit Scheme. The scheme will provide up to 10,000 loans to first home buyers each year and will offer first home buyers better access to finance without having to save a 20% deposit. Additional details about the plan include: The Scheme will be available to eligible first home buyers who have been able to save for a deposit of at least 5% up to 20%. This will mean that eligible first home owners will be able to purchase their own home years earlier than they would normally be able to do. Also, they would not be required to purchase lenders mortgage insurance saving them approximately $10,000. The len

WHERE THE JOBS WILL BE BETWEEN SPRINGFIELD AND IPSWICH

The State Government’s ShapingSEQ identified the following economic advantages likely to drive employment in Ipswich in the future: • Knowledge, education and creative industries; • Food production and agribusiness; • Energy and resources; • Tourism; • Advanced manufacturing Ipswich is well-placed to experience a jobs boom in the years ahead. Ipswich to Springfield is tapping into the ever changing domestic, regional, national and global markets and is supported by research facilities and centres of academic and business excellence.

Who's Moving Where?

Each quarter the ABS publishes demographic data that measures the size of the Australian population and provides details on components of population growth. Over the September 2018 quarter, the national population is estimated to have increased by 109,057 persons to be up 395,101 persons or 1.6% over the 12 months to September 2018. While nationally the drivers of population growth are net overseas migration and natural increase (births minus deaths), between the states net interstate migration is an important component of population growth. This week’s Pulse looks at the arrivals and departures data for each state and territory. NSW Net interstate migration to NSW saw the state lose 22,113

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