TGThe Guardian·1hPolitics
score-0.40
Data Shows Nearly 1,500 Properties Bought Under 5% Deposit Scheme Converted to Investments, Including by High-Income Borrowers
Original
Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
“Highlights policy failure and misuse by wealthy borrowers, framing the scheme as ineffective for its intended purpose.”