Business

Investment Scheme Misuse in Australia

Updated 2026-08-05 15:25 UTC 1 source Negative

Data reveals that high-income borrowers are using Australia’s first home buyers' 5% deposit scheme to convert properties into investments, raising concerns about the program's intended purpose.

Coverage timeline — 2 articles

The Guardian

‘Just an easy cash grab’: why Jetstar is charging customers for carry-on luggage

Add-on fees such as the new overhead locker baggage charge can make it harder to compare air fares, experts sayGet our breaking news email, free app or <a href="htt

2026-08-05 15:00 UTC

The Guardian

Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments

New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000Get our breaking news email, free ap

2026-08-05 15:00 UTC