The federal government is planning to introduce new policies to help students with student loans access homeownership.
Discussions are already underway to create arrangements allowing HELP and HECS loan recipients to obtain home loans.
Currently, banks prioritize student loan debts when assessing home loan applications, making it difficult for young Australians to enter the housing market.
The Australian Bankers Association has expressed support for this initiative, stating that it could be a positive step toward improving access to home loans and easing financial barriers for young buyers.
