Ray White NOW

3 years ago•By Shaye Williams

Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers, business incentives and a leg up for many first home buyers looking to get into the property market underpinned last week’s big-spending federal budget aimed at creating jobs to drive Australia out of the COVID-19 recession.

The First Home Loan Deposit Scheme extension will increase the opportunity to own a home to thousands more people. It will unlock even more investment and further activate residential building as the engine of economic growth and employment.

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