Defence home loan subsidy to change after veterans left worse off
The Australian government will revamp its Defence home loan subsidy scheme following criticism it limits veterans to only three lenders. Defence Personnel Minister Matt Keogh acknowledged the need for a more competitive system, as current arrangements reportedly lead to higher interest rates for those eligible. Changes are anticipated as existing contracts with the banks are set to expire.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 26 Jun 2026, 18:41 UTC · Updated 26 Jun 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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