WITH the dust settled from the federal election, interest rates and inflation remain a concern for homebuyers.Housing affordability and first home buyer policies emerged as central political battlegrounds in the lead up to the election and now it is time for the government to take action.

With Australian house prices rising by 39.1 per cent over the past five years, and wages failing to keep pace, many buyers now face a decade-long journey just to save a 20 per cent deposit based on the 2024 State of the Housing System report.

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