Victorians are to get up to $40,000 oost in homebuying power from 1 July 2o24. As banks and lenders factor in federal government tax breaks from July 1, the state’s average income earners could get at least a $20,000 boost or more to their purchasing power to buy a home.
Adele Andrews, Australian Property Home Loans Director said “Many lenders were already factoring in changes to the borrowing capacities of prospective buyers,” Read the full article from The Herald Sun.
