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Will the Government's plan to help first home buyers work? | 7.30

Will the Government's plan to help first home buyers work? | 7.30 The Reserve Bank governor has given the strongest indication yet that interest rates will be cut in June.

But even with interest rates already at record lows, many would-be first home buyers still have trouble getting into the property market.

One of the few policies the Coalition took to the election was a scheme to lower the amount first home buyers need to save to buy a property.

Lauren Day takes a look at how well or otherwise it might work.


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