A fair go at your first home

When you work hard and save, you should be able to buy your own home. We’re making that possible for more Australians.

On this page

  1. First home deposits
  2. More homes for Australia
  3. A fairer tax system
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First home deposits

For so many people, the hardest part of buying a home is saving for a deposit.

That’s why we’ve delivered 5% deposits for first home buyers in every city and region. Already, it’s helped more than 240,000 Australians into their own place.

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More homes for Australia

To make housing more affordable, we need to build more homes.

We’re continuing Australia’s biggest ever housing build, 1.2 million homes across the country including 55,000 social and affordable homes through our Housing Australia Future Fund.

We’re building 100,000 new homes just for first home buyers, so they don’t lose out to property investors.

And we’re setting up a new fund to build the infrastructure needed for more housing, like water, power and roads.

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A fairer tax system

For too long, first home buyers have been priced out by property investors backed by tax breaks like negative gearing and capital gains tax.

We’re giving first home buyers a fair go by limiting tax breaks for property investors.

This is the right thing to do, to give young Australians and first home buyers a fair go at owning their own home.

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