Higher home buyer scheme price caps welcomed as supply concerns linger

ACT Liberal senator Zed Seselja in Holt on Monday, where he announced new caps for government home buyer schemes. Picture: Karleen Minney

Industry groups have welcomed a move by the federal government to increase the limits on a scheme that guarantees home loan deposits for people who have smaller savings deposits.

But the federal government would need to work with the states and territories after the election to ensure housing supply demands continued to be met, the groups said.