Trish Financial Services

21/02/2026

Another good feedback for 2026!

25/08/2025

Big News: The 5 % Home Deposit Scheme Gets a Major Upgrade — Starting October 1, 2025!
Australia’s Home Guarantee Scheme is getting a serious overhaul—and it’s coming faster than expected. Here’s what you need to know:

What’s Changing?

1. Early Rollout
Originally set to begin in January 2026, the expanded 5 % deposit scheme is now launching on 1 October 2025.

2. No More Limits
The scheme will remove income caps for first home buyers. Under the current rules, individuals earning up to $125,000—or couples up to $200,000—were eligible. From October, all first home buyers qualify, regardless of income.

3. Higher Property Price Caps
Property price caps have been significantly raised to better reflect the current market:
Sydney (capital city & regional centres): from $900,000 → $1,500,000
Melbourne: $800,000 → $950,000
Brisbane: $700,000 → $1,000,000
Similar increases apply across other states and regions.

4. Avoid Lenders Mortgage Insurance (LMI)
The government will guarantee 15 % of the loan, allowing buyers to put down just 5 % and skip LMI entirely—a savings that could add up to tens of thousands of dollars.

5. What This Means

Buyers can own a home sooner, save on costs, and reduce the time needed to save for a hefty deposit. For example, Sydneysiders could purchase a $1 million home with just a $50,000 deposit.

Contact us on 0433576616

20/05/2025

RBA cuts Cash rate to 3.85% amid lowering inflation.

Macquarie Bank customers will be getting an interest rate cut earlier than most other Aussies.

25/03/2025

Celebrating my 3rd year on Facebook. Thank you for your continuing support. We could never have made it without you. 🙏🤗🎉

22/03/2025

The annual income threshold for access to the 1st home buye scheme has been raised from $90,000 to $100,000 for individuals, and from $120,000 to $160,000 for couples and single parents.
The maximum value of properties that can be purchased under the scheme has also been boosted.


https://www.9news.com.au/national/federal-budget-2025-government-expands-help-to-buy-scheme/ed00602b-49c3-453f-a736-bd4bc442f6f7?ocid=Social-9News&fbclid=IwZXh0bgNhZW0CMTEAAR3PLO32XxJbuIZheYibP8Kx3qCwgCbRSOgYYF6AHJEpm_fDuheSF7iPXe4_aem_1AARnSdLGPMwJ9DKIsicXg

18/02/2025

RBA cuts cash rate for first time since November 2020 in huge boost for homeowners

The Reserve Bank has delivered a much-needed interest rate cut to distressed mortgage holders, but governor Michele Bullock has warned under-the-pump Aussies will need to “be patient”, with the fight against inflation far from over.

18/02/2025

The Reserve Bank has cut the official cash rate from 4.35 to 4.10 per cent.

Mortgage holders have been given much-needed breathing room, with the Reserve Bank announcing inflation has fallen enough for Australia to begin its rate-cutting cycle.

31/12/2024

Thank you all for your positive feedback. Ending 2024 with positive feedback. Cheers!

31/12/2024

“May 2025 be the year you discover the strength to break your limits, chase your dreams, and achieve your goals.” happy new year all!

24/12/2024

Thank you for a positive feedback Nox.

31/10/2024

Wishing you a Happy Diwali filled with Joy, Prosperity and Lights.