Fri, 30th Jan 2026

In this episode of the Weekly Finance News Wrap, Paige Estritori discusses recent financial developments in Australia. The focus is on the government's expanded First Home Loan Deposit Scheme, a program designed to foster home ownership. The scheme grants access to more lenders and enables first-time home buyers to enter the property market with just a 5% deposit, escalating competition and offering better deals. However, Estritori advises listeners to weigh up the scheme's benefits against potential financial impacts. The episode highlights strong buyer demand witnessed in October, reflected in the 48% rise in issued guarantees under the scheme compared to the previous year, which may inflate property prices. The show ends with a reminder to stay informed on financial issues, especially those involving life-changing purchases or business decisions.