September 2025: What changes from 1 October for first home buyers?

September 2025 rate watch: The policy rate held at 3.60% for this month.

Housing Australia confirmed 1 October changes including no annual cap, removal of applicant income caps, and higher property price caps under first-home guarantee pathways.

ANZ commentary around the same period kept November cut expectations alive while noting inflation risks still mattered.

Broker takeaway: Preparation became critical. Buyers who clarified eligibility and purchase limits before October were better placed to move early.

Source: Reserve Bank of Australia cash rate target, as at the end of the month.

This article is general information only and does not constitute personal financial advice.