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LIFE EVENT

Buying a first home

~110,000 first-home buyers/yr

TRIGGERFirst-home purchase or new build

COHORTS MOST AFFECTED

The journey — phases and the departments that touch them

BEFORE

01

Department of the Treasury

First Home Guarantee; Help to Buy; HAFF

Australian Taxation Office

First Home Super Saver; tax deductions

Department of Social Services

Commonwealth Rent Assistance

Australian Securities and Investments Commission

MoneySmart; mortgage broker regulation

DURING

02

State revenue office

Stamp duty exemptions; first-home grants

FIRST YEAR

03

Local council

DA approvals; council rates

Ideas that would fix this journey

The full picture

Trigger: first owner-occupier purchase or new-build. ~110,000 first-home buyers/year.

TL;DR

Buying a first home in Australia is now an event most working-age people don't reach. Deposits have grown faster than wages for a decade. The gap between announced housing programs (First Home Guarantee, Help to Buy, HAFF) and visible deliveries is the largest single source of trust loss in the housing area. Everything sits behind state-by-state stamp duty and concessional schemes — the Commonwealth coordinates loans, the states gate the transaction.

Who this affects most

The journey — five phases

Phase 1: Saving + research

Activities. Saving deposit. Researching suburbs and schools. Comparing First Home Guarantee, Help to Buy, First Home Super Saver. Modelling repayments. Pre-approval.

Departments touched. Department of the Treasury (HAFF, First Home Guarantee, Help to Buy policy); Australian Taxation Office (FHSS); Australian Securities and Investments Commission (MoneySmart, mortgage broker reg); Department of Social Services (Commonwealth Rent Assistance during save phase).

Pain. Deposits rising faster than savings. FHSS cap and processing time. Stamp-duty concession thresholds lag market prices. Pre-approvals not always honoured.

Quote. "We've been saving for 8 years and the goalpost keeps moving." — Priya and Rajan Sharma, couple in their 30s, Sydney (Citizen Voice 2025, Housing).

Ideas. Modular crisis-housing factory (supply side) (i002); family-housing supply target (i083).

Phase 2: The event (offer, contract, settlement)

Activities. Offer accepted. Contract review. Building & pest. Conveyancing. Mortgage signed. Settlement. Title transfer.

Departments touched. State revenue office (stamp duty, FHB grant, transfer duty); local council (rates, water access fees); Australian Securities and Investments Commission (loan terms).

Pain. Stamp duty cliff effects (a $1 difference can cost $15k). Settlement delays cascade to bridging costs. Conveyancing service quality varies.

Quote. "We pay $620 a week for a house with mould on the walls. The property manager says 'you're lucky to have a place'." — Renter, Brisbane (Citizen Voice 2025, Housing — frames why people push hard to buy).

Phase 3: First weeks (moving in)

Activities. Connecting energy, water, internet. Updating mailing address across 30+ accounts. First mortgage payment. Maintenance discoveries.

Departments touched. Services Australia (address update); Australian Taxation Office (address update); Australian Electoral Commission; state RTA.

Pain. Address change still requires manual update across every government service. No-tell-us-once.

Need. myGov tell-us-once for address.

Ideas. myGov tell-us-once: address (i018).

Phase 4: First year

Activities. Mortgage repayment rhythm. Insurance renewal. Council rates. Possible interest-rate stress events.

Departments touched. Local council (rates); state revenue office (land tax thresholds); Australian Competition and Consumer Commission (insurance pricing scrutiny); Department of the Treasury (rates and cost-of-living lever).

Pain. Insurance premiums spike after disasters. Mortgage stress in 12-18 month window post-purchase.

Quote. "My daughter is 34, has a good job, and she's moved back in with us because she can't afford a one-bedroom flat." — Retirement-age parent, Melbourne (Citizen Voice 2025, Housing).

Phase 5: Long-term

Activities. Building equity. Possible upsize, downsize or investment property. Negative gearing decisions.

Pain. Investor-vs-owner-occupier policy framework opaque. Tax incentives skew toward investors.

Ideas. Family-housing supply target (i083); modular crisis-housing factory (i002).

Top actionable ideas

  1. (i002) Modular crisis-housing factory — medium (supply-side)
  2. (i018) myGov tell-us-once: address — medium
  3. (i083) Family-housing supply target — medium
  4. (i045) DHOAS modernisation — small (veterans-specific)
  5. (i034) Newcomer credit-history bridge — small (migrant-specific)

Key services touched

Sources