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Newcastle Herald
Newcastle Herald
National

LETTERS: At last, a little bit of hope for homebuyers

Labor Sky News Hunter Paul Murray Newcastle TfNSW

THE Labor Party will pay 30 per cent of the cost of an existing home price and 40 per cent of a new home.

This means that the buyer, who previously couldn't afford to borrow the large amount to buy a home will only have to borrow 60-70 per cent of the price of the house, minus their deposit.

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