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The Albanese Labor Government is helping more Australians realise their dream of home ownership sooner, by launching 5 per cent deposits for all first home buyers early on 1 October 2025, instead of next year. The quickest and easiest way to close your account is through NAB Messaging in Internet Banking or the NAB app. Variable base rate At a minimum, you’ll get this rate (subject to change). So Lucy decides to Lay a bet against Sydney to win, if you are in an early position. At City Prestige Auto Body, where excellence meets precision in Tesla collision repairs. As a Tesla-approved collision center, we specialize in all Tesla smash and accident collision repairs, catering to all makes and models of Tesla vehicles.

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Any advice has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, you should consider whether it is appropriate for your circumstances and view the Personal Transaction and Savings Accounts Terms and Conditions. Target Market Determinations for these products are available at nab.com.au/TMD. BOQ Group acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the land where we live and work. What you need to know about sharing a transaction account or a savings account with someone else. One bonus interest rate applies to your entire balance.

For more information on the 5 per cent deposits scheme, go to the Housing Australia website. Labor was re-elected with a clear mandate to bring down the deposit hurdle for first home buyers and this is just one part of the Albanese Labor Government’s ambitious $43 billion housing agenda. We are building more homes, backing first home buyers, and supporting renters. Through the expanded 5 per cent deposit scheme, the Albanese Government will guarantee a portion of a first home buyer’s home loan, so they can purchase with a lower deposit and not pay Lenders Mortgage Insurance. Apologies but the Important Information section you are trying to view is not displaying properly at the moment.

Since coming to office in 2022, Labor has helped over 180,000 first home buyers get a home of their own with a lower deposit. On average, there have been 6,000 more first home buyer loans a year under Labor compared to the Coalition’s previous period in office. The median home price in Australia today is $844,000 and 5 per cent of that is $42,200. The last time $42,200 covered the 20 per cent deposit for a median home was 2002, which shows the generational scale of this change. Under the changes, all first home buyers will have access, with no caps on places or income limits. Property price caps will also be set higher in line with average house prices, providing access to a greater variety of homes.

Rewarding you with higher interest on balances over $5,000. Enjoy the security of a fixed rate for your nominated term. Our high interest savings account for customers 36 years or older. NAB acknowledges the Traditional Owners of the land as Australia’s First Peoples and recognises their continuing connection to lands, water and country.

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