Latest News
• Add My News • Search Old News

Homebuyer Fund review to look at higher price caps needed due to rising housing costs says Melina BathThe Nationals Member for Eastern Victoria, Melina Bath, urges review of the Allan Labor government's Homebuyer Fund due to rising housing costs, proposing increased price caps for regional Victoria. By news@gippsland - 23rd April 2024 - Back to News It has never been more difficult to buy a home, and as the cost-of-living spirals out of control The Nationals Member for Eastern Victoria, Melina Bath, is calling for a review of the Allan Labor government's Homebuyer Fund. The Homebuyer Fund is a shared equity scheme where the government provides eligible participants with a contribution of up to 25 percent of the purchase price of the home, in exchange for an equity share in the property. 
The Victorian Homebuyer Fund aids home ownership by providing shared equity. With a 5% deposit, the government can contribute up to 25% of the purchase price Homebuyer fund reviewParticipants must contribute a minimum of 5 percent of the purchase cost. In regional Victorian, the maximum purchase price must be $600,000 or less. "The median house price in regional Victoria is $616,000 and it's clear the Homebuyer Fund price cap needs to be reviewed." "Cockatoo for example is classified as regional and the median house price is $800,000. This has increased some $80,000 in the nearly three years since the Homebuyer Fund was launched, but the price cap has not increased to keep pace with the growth in house prices. West Gippsland depicts a similar story, with the median house price well over the cap," Ms Bath said. Victoria's tax burdenMs Bath added, "Victorians are paying the highest taxes in the nation, our power bills are the highest in the nation, and there is a chronic shortage of affordable homes across the state. Under Labor, the barriers to home ownership are so insurmountable that many young people are now writing off the idea of ever buying a house." "It is incumbent on the Labor government to do everything in its power to remove as many of these barriers as possible so Victorians can buy their own homes. I am calling on the Treasurer to review the Homebuyer Fund with a view to increasing the price caps for regional Victoria, enabling more people to get these first home buyer grants," Ms Bath concluded. Pictures from East Gippsland Shire Council Facebook page.
Source: http://gippsland.com/ Published by: news@gippsland.com

Related Articles- Nationals pledge to restore Parentline funding, criticise Labor's decision to axe vital family counselling service for Gippslanders
The Nationals vow to reinstate Parentline funding if elected, condemning Labor's cut to the vital family counselling service that supports Victorian parents, particularly in regional communities facing limited access to services. - Tim Bull urges state government to fund Surf Life Saving, preventing East Gippsland ratepayers covering government shortfalls
Gippsland East MP Tim Bull urges state government to fund Surf Life Saving Victoria, warning councils face doubled contributions while new Emergency Services levy strains East Gippsland and Wellington budgets. - Melina Bath urges communities to honour veterans' families and support Legacy Week fundraising efforts
Melina Bath urges communities to support Legacy Week, honouring veterans' families. Funds raised provide financial, educational and emotional support, continuing Sir Stanley Savige's century-old vision of care, compassion and mateship. - Danny O'Brien urges Labor government to fund new Port Welshpool Coast Guard vessel for community safety
Danny O'Brien urges the Allan Labor government to urgently fund a new $2 million vessel for Port Welshpool Coastguard, ensuring volunteers can safely cover Corner Inlet, Wilsons Promontory, and protect locals. - Bass Coast Council launches mid-term review of Climate Change Action Plan, celebrating achievements and inviting community input
Bass Coast Shire Council is reviewing its Climate Change Action Plan 2020-2030, celebrating renewable energy achievements and inviting community feedback through surveys, pop-up sessions, engagement events, and a special film screening. - Danny O'Brien slams Labor for funding maintenance at Sale College instead of new campus
Danny O'Brien has criticised Labor for allocating $273,175 in maintenance to Sale College, arguing funds should instead deliver the long-promised new consolidated campus the community has campaigned for since 2017. - Have Your Say on Wonthaggi structure plan review aiming to guide growth, community needs and opportunities
Bass Coast Shire Council is reviewing the Wonthaggi Structure Plan. Have your say on the town's growth, housing, jobs, heritage, and future opportunities to help shape Wonthaggi as Bass Coast regional hub. - Melina Bath urges action on Gippsland youth crime with tougher penalties, stronger policing, and restored diversion funding
Melina Bath has demanded urgent action on Gippsland's escalating youth crime, calling for tougher penalties, stronger police presence, and restored diversion program funding to protect communities and restore safety. - Melina Bath criticises Labor government shutting public beekeeping, threatening Victoria's food security and horticultural jobs
Melina Bath condemned the Allan Labor government's closure of public land beekeeping, warning it threatens food security, pollination, horticultural exports, and regional jobs, calling for policy reversal and support for apiarists. - Melina Bath urges Labor government to scrap emergency services tax as VFF survey shows farmers' frustration and concern
The Nationals' Melina Bath urged the Allan Labor government to scrap the emergency services tax, citing VFF survey findings showing widespread financial, mental, and regulatory pressures on Victorian farmers. - Melina Bath slams Agriculture Minister Ros Spence for ignoring Gippsland farmers' struggles under Labor's tax regime
Melina Bath criticised Agriculture Minister Ros Spence for refusing to advocate for Gippsland farmers, citing VFF survey results showing overwhelming concern over new taxes and Labor's disregard for regional agriculture. - Melina Bath urges parents, carers, and educators to provide submissions to improve child safety by 30 November 2025
Victoria's Child Safety Inquiry calls for public submissions to investigate early childhood education failures, restore family confidence, and recommend reforms ensuring children receive safe, high-quality care and protection. - Melina Bath criticises Labor government, calling Myki's delayed tap-and-go rollout a "mythical unicorn," outdated and incompatible
Victoria's long-promised tap-and-go public transport system has been delayed until 2028, leaving commuters, especially in regional areas, still reliant on outdated Myki cards and paper tickets - Melina Bath criticised Labor's plan to create new national parks, locking out long-term bush users
Liberals and Nationals oppose Labor's plan to convert 65,000 hectares into national parks, citing unfair exclusion of bush users despite strong opposition and a 40,000-signature petition against the proposal. - Darren Chester slams Albanese government veterans medal review limit, undermining Tribunal independence
Shadow Minister Darren Chester has condemned Labor's legislation imposing a 20-year limit on veterans' medal reviews, arguing it undermines the Tribunal's independence and disenfranchises veterans and families seeking fair recognition. - Darren Chester urges abandoning flawed legislation restricting medal reviews to actions within 20 years
The Albanese government's proposed legislation limits medal appeals to 20 years, stripping veterans and families of rights. Darren Chester says the changes undermine the Defence Honours Tribunal's independence and disenfranchise ADF members. - Danny O'Brien condemns Labor for empty social housing amid growing waitlists and rental shortages in Gippsland
Danny O'Brien has criticised Labor for leaving social housing vacant as waitlists grow, citing fewer homes, shrinking rental availability, rising costs, and failed policies driving investment away in Gippsland South. - Wellington Shire Council seeks feedback on the Domestic Animal Management Plan Review until 24 September 2025
Wellington Shire Council's draft Domestic Animal Management Plan outlines priorities for responsible pet ownership, safety, and welfare, inviting community feedback from 28 August to 24 September 2025. - Martin Cameron slams Energy Minister D'Ambrosio's false claims on power prices and jobs in Latrobe Valley
Nationals MP Martin Cameron condemned Energy Minister Lily D'Ambrosio's claims of delivering for Latrobe Valley, citing soaring power prices, weak jobs growth, and neglect of residents during Victoria's energy transition. - Bass Coast Shire Council urges Victorian government, LSV to ensure lifeguard patrols continue safely, without cuts
Bass Coast Shire Council urges Victorian government and LSV to guarantee lifeguard patrols, warning proposed funding hike strains budgets while beaches remain high-risk, with recent drownings highlighting urgent safety needs. - Danny O'Brien warns Labor is risking beachgoers safety by forcing councils, ratepayers to cover LSV funding shortfalls
Danny O'Brien warns the Allan Labor government is forcing Gippsland councils and ratepayers to cover Life Saving Victoria shortfalls, risking reduced lifeguard patrols despite billions in new emergency services taxes. - Wellington Shire Council invites open conversations on financial pressures impacting community services, roads, and facilities
Wellington Shire Council faces rising costs, rate caps, and funding pressures, yet remains committed to delivering essential services and urging government reform to better support regional communities into the future. - David Littleproud warns vegetable growers of crisis as compliance costs soar, confidence collapses and exits loom
Nationals leader David Littleproud warns Australia's food security is at risk, with two in five growers considering leaving amid rising compliance costs, financial strain, and Labor policies undermining farming viability. - Martin Cameron says new emergency services tax replaces fire levy, adding enormous pressure to struggling small businesses
Latrobe Valley small businesses face soaring costs as Labor's new Emergency Services Tax replaces the Fire Services Levy, with Nationals warning it punishes regional communities and fuels insolvencies amid financial mismanagement. - Martin Cameron says Labor fails on crime, wasting millions on machete bins instead of protecting Gippsland
Crime in Latrobe has surged under Labor, with Moe incidents up 26% and retail theft 65%. Nationals' Martin Cameron says only their Safer Communities Plan will restore safety. - Baw Baw Shire to host community barbecues supporting farmers through 'Look Over the Farm Gate' grants
Baw Baw Shire Council will host five community barbecues supporting farmers' wellbeing through Look Over the Farm Gate grants, offering connection, resources, and mental health support amid ongoing dry conditions. - Allan Labor government backs First Nations athletes in Eastern Victoria with new sports grants
The Allan Labor government has announced over $67,000 in Aboriginal Sport Participation Grants, supporting First Nations athletes in Eastern Victoria with travel, uniforms, and equipment to compete locally and nationally. - Victorian Health Department sets Gippsland priorities, access, workforce, safety, shared services, and mental health expansion
The Victorian Department of Health has set four Gippsland health priorities: access, workforce, safety, and shared services, while highlighting mental health needs and significant workforce investment at Warragul's regional health leaders' forum. - Tim Bull urges Gippsland East households to apply for $100 Power Saving Bonus amid rising costs
Gippsland East MP Tim Bull urges locals to apply for the $100 Power Saving Bonus, helping households manage rising costs. Eligible residents can seek assistance at his Bairnsdale office. - Danny O'Brien says reduced bonus helps some, but bungled energy policies and digital-only access hurt households
The state's Power Saving Bonus has been cut from $250 to $100 and is now limited to concession card holders, leaving many Gippsland households without relief despite rising energy costs. - Peri Urban Councils urge state government to invest in infrastructure and support housing growth across regions
Peri Urban Councils Victoria is urging government investment in infrastructure after a new report recommended 40% of new homes be built in regional Australia, highlighting housing demand, high costs, and infrastructure pressures. - Serious crime rises reflect community concerns, worsened by Labor's cuts, weakened bail, reduced youth programs, says Melina Bath
Crime in Eastern Victoria has reached a 20-year high, with Melina Bath condemning Labor's soft approach, police under-resourced, and The Nationals vowing stronger laws, prevention programs, and community safety reforms. - David Littleproud urges Labor to deliver interest-free loans as farmers voice urgent drought forum concerns
Nationals leader David Littleproud says the Drought Forum reinforced urgent calls for interest-free farm loans, urging Labor to act swiftly as farmers face worsening hardship, particularly in South Australia's dairy industry. - Danny O'Brien slams Labor's repeated 'Better Roads Blitz' claims as Gippsland roads continue crumbling
Nationals MP Danny O'Brien has slammed Labor's latest "Better Roads Blitz," saying Gippsland roads remain neglected, unsafe, and underfunded, with locals enduring potholes, hazards, and long-term speed reductions instead of real maintenance. - Labor government's VicGrid laws pass with crossbench backing amid Nationals' warning of property rights erosion
The Allan government's VicGrid laws passed with crossbench support, sparking Nationals' criticism over lost property rights, silenced regional voices, and overreach. The Nationals vow repeal in 2026 to restore landholder protections. - Allan Labor government backs regional footy and netball with $1.5M from 2025-26 Country Football and Netball Program
The Allan Labor government is investing $1.5 million in Morwell sports clubs through the Country Football and Netball Program, while opening new grants to upgrade regional facilities and boost community participation.
|
|