Resources building materials, and more to consider if you’re looking to build a property for yourself.
Read more The government’s new Land Acquisition Policy aims to ease the transition for first home buyers to buying a property with a mortgage, and give the government a clearer idea of what properties are available to buy.
The new policy is aimed at making it easier for first-time home buyers and those with existing mortgage debt to get on the property ladder.
The government is also trying to increase affordability by lowering mortgage rates and allowing borrowers with lower income to pay a lower proportion of the mortgage.
The government’s Land Acquisition Policies (LAP) guide has outlined how the government will be working to increase the supply of properties for first time home buyers.
It’s aimed at creating more rental opportunities, improving access to existing homes, and providing more affordable properties for the first home buyer.
“We are working closely with our key stakeholders to ensure we are making the right decisions to help ensure that the new Land acquisition policy will be successful,” said the department in a statement.
The Land Acquisition Plan outlines the government’s goals for Land Acquisition, including how to ensure a better supply of rental properties, increase the number of new rental properties in the market, and allow the sale of existing homes.
“The government is committed to ensuring that there is enough supply of housing for people to get a good return on their investment in the future,” the statement reads.
The Government is also working on the creation of a National Property Strategy, and is looking to make sure that housing is in the best interest of Australians.
The National Property Plan will help the government understand the needs and challenges of the country and will help develop and deliver policies and strategies to help Australia’s future residents.