Dear All,
Traditionally, the word deposit has meant the same thing in Australian property:
A large sum of cash upfront — or cash sourced through external funding, guarantees, the Bank of Mum and Dad, SMSFs, complex and often expensive financial arrangements, unsuitable loan products, capital pools, government grants, permanent subsidies, or third-party investors.
Driven by present-day political, economic, and affordability pressures, it’s time to expand how we think about deposits.
AffordAssist Delivers Housing Affordability Through Social Enterprise
AffordAssist does not rely on external funding to provide the deposit.
This distinction matters and represents a fundamental shift in how affordability can be made possible for more Australians.
AffordAssist rethinks what a deposit can be and delivers housing affordability through social enterprise. This Interest-Free Deferred Deposit Solution defers the balance of the deposit, improving affordability and enabling buyers to purchase sooner.
Since 2017, AffordAssist has demonstrated that it is possible to ease the housing affordability crisis without requiring large upfront cash deposits.
Reducing reliance on the traditional deposits.
The solution can also be tailored with interest-free payments, shared equity, or a combination of both.
The outcome is a financially responsible, immediately deployable pathway. It builds stability and reduces long-term reliance on traditional deposits — allowing it to be efficiently scaled nationally without compromising lender protections, increasing loan-to-value ratio (LVR) amounts, or inflating prices.
Read article: When Housing Affordability Becomes a Social Enterprise Outcome
An Affordability Solution That Can Also Help Government Save Billions in Subsidies
An AffordAssist deposit structure reflects real capacity — not just past savings — and shifts the affordability dial in a meaningful way by:
- Reducing the overall home loan amount from day one
- Helping buyers build equity sooner
- Removing reliance on parents, equity, or external funding
- Operating without reliance on government subsidies or intervention
- Encouraging a significant increase in homeownership, thereby reducing financial stress
- Reducing long-term public housing costs by lowering affordability subsidy pressures — responsible applicants aren’t seeking a handout, they want dignity — saving billions in public funding
It also delivers broader benefits that extend beyond housing outcomes — impacting intergenerational wealth, mental wellbeing, the social fabric, and the national economy. Read article: Recalling Menzies’ Vision—Every Australian Deserves a Home—and Modernising It with AffordAssist.
(Read additional related articles: https://www.affordassist.com/news-articles/)
Applicable Across the Residential Market
AffordAssist applies across:
- Established homes
- House and land packages
- New builds
- Off-the-plan
A New Measure of Affordability
For the next generation, affordability should not be measured solely by asking the traditional question:
“How much cash do you already have?”
It’s time to embrace the AffordAssist interest-free deferred deposit solution to meet Australians’ present-day needs.
Regards
AA
B2B – AffordAssist facilitates and oversees the governance process. Are you a mortgage broker, lender, developer, real estate agent, affordable housing advocate, or housing minister? We welcome your collaboration. Join us in our mission to expand access to home ownership. Together, we can make a lasting impact.
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