24/06/2026
๐ฑ ๐๐ต๐ถ๐ป๐ด๐ ๐๐ถ๐ฟ๐๐ ๐๐ผ๐บ๐ฒ ๐๐๐๐ฒ๐ฟ๐ ๐๐ต๐ผ๐๐น๐ฑ ๐ฑ๐ผ ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฌ๐ฒ๐ฎ๐ฟ
For first home buyers who are actively saving, planning or on the verge of applying for finance to buy a home, the period between now and 30 June can be incredibly helpful.
๐๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ณ๐ถ๐๐ฒ ๐๐ต๐ถ๐ป๐ด๐ ๐๐ผ๐ฟ๐๐ต ๐ฑ๐ผ๐ถ๐ป๐ด ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฌ๐ฒ๐ฎ๐ฟ ๐ธ๐ถ๐ฐ๐ธ๐ ๐ถ๐ป.
๐๐ต๐ฒ๐ฐ๐ธ ๐๐ผ๐๐ฟ ๐๐น๐ถ๐ด๐ถ๐ฏ๐ถ๐น๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐ฆ๐ฐ๐ต๐ฒ๐บ๐ฒ๐ ๐๐ป๐ฑ๐ฒ๐ณ๐ถ๐ป๐ฒ๐ฑ
The First Home Guarantee allows eligible buyers to purchase with a 5 per cent deposit without paying Lenders Mortgage Insurance. Places are allocated each financial year, and while the scheme has been expanded, it is worth confirming your eligibility and understanding whether any thresholds or conditions are changing from 1 July.
First home buyer stamp duty concessions also vary by state and are subject to change. Checking what is currently available in your state before the financial year turns over ensures you are not relying on outdated information when it matters most.
๐จ๐๐ฒ ๐๐ผ๐๐ฟ ๐ง๐ฎ๐
๐ฟ๐ฒ๐๐๐ฟ๐ป ๐๐ผ ๐๐ผ๐ผ๐๐ ๐๐ผ๐๐ฟ ๐๐ฒ๐ฝ๐ผ๐๐ถ๐
For many first home buyers, a tax refund is one of the more meaningful lump sums they receive during the year. Rather than treating it as discretionary income, putting it straight into your deposit savings account can give your progress a genuine boost.
If you lodge your tax return promptly after 1 July, refunds are typically processed within two weeks. Planning for that money before it arrives makes it easier to direct it toward your goal rather than absorbing it into everyday spending.
๐ฅ๐ฒ๐๐ถ๐ฒ๐ ๐๐ผ๐๐ฟ ๐ฆ๐ฎ๐๐ถ๐ป๐ด๐ ๐ฅ๐ฎ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ฆ๐ฎ๐๐ถ๐ป๐ด๐ ๐๐ฐ๐ฐ๐ผ๐๐ป๐
EOFY is a good time to assess whether your savings strategy is still on track. Are you hitting your monthly savings target? Is your deposit sitting in an account earning a competitive interest rate? With rates having moved considerably over the past two years, the gap between a strong and a mediocre savings account can be meaningful over time.
If you have not reviewed your savings account in the past six months, it is worth comparing what else is available. Moving to a higher-rate account is straightforward and costs nothing.
๐๐ฒ๐ ๐๐ผ๐๐ฟ ๐๐ฟ๐ฒ๐ฑ๐ถ๐ ๐๐ถ๐น๐ฒ ๐ถ๐ป ๐ข๐ฟ๐ฑ๐ฒ๐ฟ
Your credit report is one of the first things lenders check. Requesting a free copy before the new financial year lets you spot and fix issues early, and understand how lenders will view your application.
Common problems include outdated defaults, incorrect listings, or forgotten credit enquiries. Itโs much easier to resolve these before applying than to explain them during assessment.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐๐ฟ๐ผ๐ธ๐ฒ๐ฟ ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฌ๐ฒ๐ฎ๐ฟ
If youโre buying in the next 6โ12 months, review your finances before 1 July. A broker can help you compare loan options.