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Police Pay Australia
Money · First home buyers · ACT and AFP · Checked 9 October 2026

First home buyer guide for AFP and ACT Policing
no ACT duty, national schemes and what you can borrow

For ACT Policing members buying in Canberra and AFP officers posted anywhere in Australia: the ACT's new duty-free rules, each state's first home schemes, how lenders read the composite, and worked numbers on 2026 AFP pay.

Updated 9 October 2026 17 min read Sources checked 9 October 2026 Independent, not advice

The short answer

From 1 July 2026, eligible ACT home buyers pay no conveyance duty under the Home Buyer Concession Scheme, with no income test and no price limit, if no buyer has owned property in the last five years. The ACT has no first home grant. AFP members posted elsewhere use that state's schemes, plus the national 5% Deposit Scheme. Checked 9 October 2026.

ACT duty for eligible buyers

$0

from 1 July 2026, no income or price limit

5% Deposit Scheme cap, ACT

$1,000,000

all areas

Newly sworn constable package

$91,727

Band 2.4 + 22% + Use of Force

Employer super

15.4%

can't be used for a deposit

Contents +
  1. 1What AFP members can get
  2. 2ACT: no duty from 1 July 2026
  3. 3Buying over the border in NSW
  4. 4Posted elsewhere: every state
  5. 55% Deposit Scheme and Help to Buy
  6. 6How lenders read AFP pay
  7. 715.4% super and your deposit
  8. 8What you could borrow
  9. 9College pay and Band 2.4
  10. 10Police lender features
  11. 11Relocations and remote roles
  12. 12Putting it together
  13. 13Getting help
  14. 14FAQs
  15. 15Sources

What can AFP and ACT Policing members get as first home buyers?

It depends on where you buy. In Canberra, the answer changed on 1 July 2026.

There's no first home scheme just for AFP members. ACT Policing members buying in Canberra use the ACT's Home Buyer Concession Scheme, which from 1 July 2026 removes conveyance duty for eligible buyers with no income test and no price limit. AFP members posted to other states use that state's schemes. Everyone can use the national 5% Deposit Scheme.

First home buyer help for AFP and ACT Policing members, October 2026

Home Buyer Concession Scheme

Who runs it
ACT Revenue Office
What you get
No conveyance duty
Key limit
No property owned in the last 5 years; live there 1 year

First Home Owner Grant (ACT)

Who runs it
ACT Revenue Office
What you get
None
Key limit
Ceased 1 July 2019

5% Deposit Scheme

Who runs it
Housing Australia
What you get
Buy with a 5% deposit, no LMI
Key limit
$1,000,000 cap across the ACT

Help to Buy

Who runs it
Housing Australia
What you get
Federal shared equity, 2% deposit
Key limit
Taxable income under $103,000 single or $165,000 joint

State schemes

Who runs it
Each state revenue office
What you get
Duty relief and grants
Key limit
Apply where you buy and live

Read on the ACT Revenue Office, state revenue offices and firsthomebuyers.gov.au on 9 October 2026.

The police-specific part is pay: lenders must decide what to make of the 22% Core Composite, the Use of Force allowance and the 15.4% super that doesn't help with a deposit. Your exact rate is on the AFP salary page, and our guide to joining the AFP covers the College.

The ACT Home Buyer Concession Scheme: no duty from 1 July 2026

The ACT has gone further than any other jurisdiction for owner-occupiers who haven't owned recently.

The ACT Revenue Office says that for transaction dates from 1 July 2026, eligible buyers are exempt from conveyance duty, the income threshold has been removed and the property value limit has been removed. It applies to new homes, established homes and vacant residential land. Before 1 July 2026 there was a $250,000 income threshold (plus $4,600 per dependent child) and duty applied above $1,020,000.

The four eligibility rules (ACT Revenue Office, read 9 October 2026)

  • ✓ Every buyer is an individual aged 18 or over (not a company, trust or business partnership)
  • ✓ No income test for transaction dates from 1 July 2026
  • ✓ No buyer, or buyer's domestic partner, has owned or held an interest in any property, in the ACT, Australia or overseas, in the 5 years before the transaction
  • ✓ At least one buyer owns and lives in the home continuously for at least a year, starting within a year of settlement (or of the certificate of occupancy for land)
What the ACT Home Buyer Concession Scheme saves, transactions from 1 July 2026

$500,000

Owner-occupier duty without the concession
$8,408
Duty with the concession
$0
Saving
$8,408

$750,000

Owner-occupier duty without the concession
$19,208
Duty with the concession
$0
Saving
$19,208

$1,000,000

Owner-occupier duty without the concession
$33,958
Duty with the concession
$0
Saving
$33,958

$1,200,000

Owner-occupier duty without the concession
$46,758
Duty with the concession
$0
Saving
$46,758

Calculated by us from the ACT Revenue Office's eligible owner-occupier rates for transactions on or after 1 July 2025 ('per $100 or part thereof').

The scheme is self-assessed: you claim it, and the ACT Revenue Office checks later. If you don't meet the residence rule you pay full duty, and penalty tax (25% by default) and interest can apply. That matters for AFP members, because a posting out of Canberra in your first year could break the one-year rule. The Revenue Office has a residence requirement exemption for unforeseen circumstances; contact it early if a posting comes up.

Buying over the border in Queanbeyan or Googong

Many ACT Policing members look across the border. Different rules apply there.

A home in Queanbeyan, Jerrabomberra or Googong is in New South Wales, so the ACT concession doesn't apply. Instead, Revenue NSW's First Home Buyers Assistance Scheme gives a full transfer duty exemption on new or existing homes up to $800,000 and a concessional rate below $1 million. NSW also pays a $10,000 grant on new homes up to $600,000, or $750,000 to build.

Buying in Canberra (ACT)

  • ✓No duty at any price if eligible
  • ✓Five-year ownership test: past owners can qualify again after five years
  • ✓5% Deposit Scheme cap of $1,000,000

Buying over the border (NSW)

  • ✕Duty exemption stops at $800,000, concession to $1 million
  • ✕NSW requires you never to have owned residential property in Australia
  • ✕5% Deposit Scheme cap outside the regional centres is $800,000

The NSW grant is the one thing the ACT doesn't offer, but its caps are low. Our NSW police first home buyer guide covers the NSW rules in full. Check which 5% Deposit Scheme cap applies to your NSW postcode using the government's postcode tool.

Posted elsewhere? First home schemes in every state

AFP members buy where they're posted. The state rules change a lot.

First home buyer settings by state and territory, October 2026

ACT

First home duty relief
No duty for eligible buyers from 1 July 2026: no income test, no value limit
First home grant
None (ceased 1 July 2019)
5% Deposit Scheme cap (capital / rest)
$1,000,000 (all areas)

NSW

First home duty relief
Exempt to $800,000; concession to $1 million
First home grant
$10,000 new homes ($600,000 cap; $750,000 to build)
5% Deposit Scheme cap (capital / rest)
$1,500,000 / $800,000

Victoria

First home duty relief
No duty to $600,000; reduced to $750,000
First home grant
$10,000 new homes to $750,000
5% Deposit Scheme cap (capital / rest)
$950,000 / $650,000

Queensland

First home duty relief
No duty on new homes (no cap); concession on homes under $800,000
First home grant
$30,000 new homes under $750,000
5% Deposit Scheme cap (capital / rest)
$1,000,000 / $700,000

WA

First home duty relief
No duty to $600,000; concession to $800,000 (from 7 May 2026)
First home grant
$10,000 new homes ($800,000 cap south of the 26th parallel)
5% Deposit Scheme cap (capital / rest)
$850,000 / $600,000

SA

First home duty relief
No duty on new homes and land (no cap); none on established
First home grant
$15,000 new homes, no cap
5% Deposit Scheme cap (capital / rest)
$900,000 / $500,000

Tasmania

First home duty relief
Established-home exemption ended 30 June 2026
First home grant
$20,000 new homes (2026-27)
5% Deposit Scheme cap (capital / rest)
$700,000 / $550,000

NT

First home duty relief
None on established; house-and-land packages exempt to 30 June 2027
First home grant
$50,000 HomeGrown, new homes, no cap
5% Deposit Scheme cap (capital / rest)
$750,000 (Darwin) / $600,000

Read on each state or territory revenue office and firsthomebuyers.gov.au on 9 October 2026. Thresholds change with budgets: follow the links to our state guides for full rules.

Two patterns stand out. New homes are favoured almost everywhere: Queensland, SA and the NT give their biggest help only on new builds. And the ACT is now the only jurisdiction with no price limit on duty relief for established homes. If you're posted to Perth, Brisbane, Darwin or a PSO site, read that state's guide before you commit.

All the state schemes need you to live in the home, usually for six to 12 months. An AFP posting that ends early can cost you the concession, so ask the revenue office about transfers before you sign.

The 5% Deposit Scheme and Help to Buy

The national schemes work the same for AFP members as for anyone else.

The 5% Deposit Scheme lets you buy with a 5% deposit and no lenders mortgage insurance (LMI). There's no income cap. You must be a citizen or permanent resident aged 18 or over, a first home buyer (or not have owned property in Australia in the past 10 years), and buying a home to live in under the cap. In the ACT the cap is $1,000,000 for all areas.

5% Deposit Scheme cap, ACT

$1,000,000

all areas

Help to Buy, single

$103,000

taxable income limit

Help to Buy, joint

$165,000

taxable income limit

Help to Buy is shared equity, with the government owning up to 30% of an existing home or 40% of a new one. A newly sworn constable's $91,727 package is under the $103,000 single limit, but overtime and allowances count in taxable income, and a couple with two incomes may exceed $165,000. Check last year's notice of assessment.

How lenders read AFP pay

A base salary, an annualised composite and a flat allowance. Each reads differently.

AFP pay is set by the AFP Enterprise Agreement 2024-2027. A newly sworn police constable, national or ACT, sits at Band 2.4 on $72,317. The AFP advertises the package as base plus the 22% Core Composite plus the $3,500 Use of Force allowance: $91,727, which matches our calculation. PSO recruits start at Band 2.1 on $64,754.

How AFP pay is built, and how lenders often see it

Base salary

What it is
$72,317 (Band 2.4) to $111,861 (Band 5.3)
How lenders commonly treat it
Counted in full

Core Composite (22%)

What it is
Annualised allowance for the Operations or Rostered Operations pattern; counts for super
How lenders commonly treat it
Often counted with payslips; can be removed on 28 days' notice if you leave the pattern

Use of Force allowance

What it is
$3,500 a year (rising to $4,000 from 9 December 2026)
How lenders commonly treat it
Usually counted while you hold certification

High Volume Operations composite

What it is
Extra 35% for teams the Commissioner names
How lenders commonly treat it
Often shaded: it depends on your team

Night and weekend allowances

What it is
$9.88 an hour (00:00-06:00); $5.01 an hour on weekends
How lenders commonly treat it
Averaged over recent payslips

Overtime

What it is
Double time: (salary × 12/313) ÷ 40 an hour
How lenders commonly treat it
Varies most

Pay facts from the AFP Enterprise Agreement 2024-2027 and AFP careers pages. Lender treatment is general practice, not any lender's policy.

The final increase under the agreement, 2.7%, is due from 9 December 2026. Lenders assess current pay, so a pre-approval just after that date will be a little higher. The agreement nominally expires in December 2027.

Your 15.4% super and your deposit

One of the best super deals in Australian policing does nothing for your deposit.

The AFP pays 15.4% employer super into PSSap or a fund of your choice, and the Core Composite counts as super salary. On the Band 2.4 package that's about $13,587 a year (our calculation on base plus composite). It's excellent for retirement. But lenders assess the pay you take home, not your super, and you can't withdraw employer contributions to buy a home.

Employer super

15.4%

vs 12% Superannuation Guarantee

FHSS yearly limit

$15,000

voluntary contributions only

FHSS total limit

$50,000

across all years

The ATO's first home super saver scheme releases eligible voluntary contributions only. It excludes employer SG and contributions mandated by an award or industrial agreement. Salary sacrificing extra can grow a deposit with a tax saving, but it lowers the take-home pay lenders assess, so time it before or after your loan application. Our AFP super guide has the detail.

What an AFP officer could borrow

Our calculator's method: after-tax pay less living costs, tested at 9% over 30 years.

These use 2026-27 tax rates, an illustrative 6% rate plus APRA's 3 percentage point buffer, $3,200 a month of living costs for a single applicant and a $5,000 card limit. They show how the rules move the figure, not a lender's offer.

Band 2.4, base only

$186,000

$72,317

Plus the 22% composite

$298,000

Operations pattern

Plus Use of Force

$323,000

$91,727 package

Package plus a partner

$752,000

partner on $70,000

At Band 5.3, the top of the constable broadband, the package is about $139,970 (our calculation) and the method gives about $659,000. Real repayments on $752,000 at 6% would be about $4,509 a month.

Estimates, not credit advice

Lenders use their own expense benchmarks and income rules. If a lender ignores the composite, a newly sworn constable's figure falls back towards $186,000. HELP debts, car loans and card limits all reduce it.

Free calculator

Run the numbers on your own AFP pay

Pick the AFP and your band, add the composite, Use of Force allowance, shifts and overtime, and see your borrowing range with none, some and all of your variable pay counted.

Open the borrowing power calculator →

College pay and your first year at Band 2.4

The AFP doesn't describe a formal probation period, but lenders will still ask.

Police recruits are paid at Band 2.3, $69,698, during the 26-week program at the AFP College, about $2,187 a fortnight after tax, with free accommodation and main meals. Our data treats the composite as not paid during training. Most lenders won't lend on College pay, so plan to buy once you're sworn.

Graduates are probationary constables at Band 2.4 for at least 12 months and until a supervisor signs off the workbook, then move to Band 3.1 on $75,233. Our data found no separate formal probation period beyond that. If a lender asks, explain the progression and give it your offer letter and recent payslips.

What police lender offers say about probation (read 9 October 2026)

  • ✓ BankVic: home loan eligibility says you must be outside any probationary period of employment
  • ✓ People First Bank: its page doesn't say; a broker reports probationers are excluded from the package
  • ✓ Police Bank, QBANK and Police Credit Union: no police-specific probation rule found on the pages we read
  • ✓ Many lenders assess a sworn constable as permanent from day one: ask before applying

Police home loan features open to AFP members

What lenders publish on their own pages, read on 9 October 2026. A description, not a recommendation.

Police-specific home loan features relevant to AFP and ACT Policing members

Police Bank

Police feature advertised
Police Value Home Loan: minimum 5% deposit, LVR up to 95%, offset and redraw. Its 2024 annual report describes a shared-equity Essential Worker Home Loan Scheme with HOPE Housing. Its history notes it welcomed AFP members.
Conditions to check
No police LMI waiver found. Its product document says LMI applies above 80% LVR. Its website blocked our automated check, so we read its published product document (dated 2021) and 2024 annual report. Confirm current terms with the bank.

BankVic

Police feature advertised
A police-only special variable rate and offset variable rate (owner-occupier), "100% overtime considered", and a $4,000 cashback offer for police buying or refinancing. Membership includes AFP Association members.
Conditions to check
Rate footnotes on the same page describe "up to 80% with no LMI or up to 90% with LMI", so ask which applies to you. Home loan eligibility says you must be outside any probationary period of employment. It has a broker channel; ask whether the waiver and cashback are available through it.

People First Bank

Police feature advertised
Essential Services Package for home and investment loans. No LMI up to 90% LVR, for loans up to $1.2 million. The interest rate is its above-80% LVR rate.
Conditions to check
Income requirements apply but aren't published on its page. A broker reports $80,000 single or $150,000 joint (with $75,000 from the officer), and that probation and casual work are excluded: confirm with the bank.

QBANK

Police feature advertised
AFP employees are within its membership bond. An FHB First Responders Exclusive Offer for QPS and other Queensland first-responder employees, under 95% LVR with LMI, minimum 5% deposit, salary credit of $1,500 a month. Recruits and trainees get 0.05% off its Special Offer Classic or Classic Plus Package home loans.
Conditions to check
No LMI waiver found. The first responder offer is "+ LMI", which can be added to the loan. Interest rate offers need your salary paid into a QBANK account. The first responder rate is for new lending, principal and interest only.

Police Credit Union

Police feature advertised
Platinum package for police from any Australian force: no package or loan fees and 0.10% off selected home loan rates.
Conditions to check
No LMI waiver found on its pages. Platinum benefits are fee and service benefits, not an LMI waiver. Some benefits don't apply to special offers.

P&N Bank

Police feature advertised
Says it takes 100% of your overtime into consideration. $1,500 cashback on eligible loans (minimum $250,000, LVR 80% or less), not available with the LMI waiver. LMI waived for LVRs between 80% and 90%.
Conditions to check
Waiver is direct only: loans must come through P&N's own channels and "broker referred loans will not qualify". Owner-occupied, principal and interest, minimum $250,000, property in Perth metro, Bunbury, Busselton, Albany or Geraldton, probation completed. Relevant only to AFP members buying in those WA areas.

Offers change and can be withdrawn. Confirm terms with the lender or a licensed broker before relying on any of this.

QBANK's first responder offer is for Queensland first responders, so check whether an AFP member in Queensland qualifies. Police waivers usually need a 10% deposit; the 5% Deposit Scheme needs 5% but caps the price at $1,000,000 in the ACT. Our guides to LMI waivers for police and police banks and credit unions compare the conditions.

Relocations, remote PSO roles and buying while mobile

AFP careers move. Your first home plan has to survive a posting.

After graduation the AFP pays travel home and relocation help for interstate moves: removalists, vehicle transport, pet relocation and a settling-in allowance while you find housing. Officers find and pay for their own housing. Relocation is also paid for merit-based moves, but not moves you request.

Remote PSO roles pay a lot. At Exmouth and Pine Gap the AFP advertises a total of $138,470 a year, including a $45,000 Remote Defence Capability Payment that isn't an enterprise agreement clause. Lenders may treat that payment as temporary, but it can build a deposit quickly. Our guide to AFP protective service officers covers those roles.

Every first home concession expects you to live in the home. An AFP posting can make that the hardest rule to meet.

Before you buy, if a posting is possible

  • ✓ Ask the revenue office what happens to your concession if you're transferred within the residence period
  • ✓ Check the 5% Deposit Scheme's rules on moving out while the guarantee is active
  • ✓ Ask your lender whether you can rent the home out later, and what that does to your rate
  • ✓ Keep copies of your posting orders: they support an exemption request

Putting it together: buying in Canberra

How the ACT schemes stack at the prices our borrowing examples reach.

Two ACT Policing examples, transactions from 1 July 2026

Loan our method reaches

Single Band 2.4 constable (package)
$323,000
Band 2.4 constable plus partner
$752,000

Price with a 5% deposit

Single Band 2.4 constable (package)
$340,000
Band 2.4 constable plus partner
$792,000

5% deposit

Single Band 2.4 constable (package)
$17,000
Band 2.4 constable plus partner
$39,600

Duty without the concession

Single Band 2.4 constable (package)
$2,968
Band 2.4 constable plus partner
$21,686

Duty with the concession

Single Band 2.4 constable (package)
$0
Band 2.4 constable plus partner
$0

LMI under the 5% Deposit Scheme

Single Band 2.4 constable (package)
$0 (under the cap)
Band 2.4 constable plus partner
$0 (under the cap)

Calculated by us. Duty uses the ACT's owner-occupier rates. Eligibility depends on your circumstances.

  1. 1

    Get sworn and collect payslips

    After the College

    Lenders want Band 2.4 pay with the composite showing on two or three payslips.

  2. 2

    Save the deposit

    Year 1

    Take-home pay on the package is about $2,764 a fortnight. Saving 20% reaches $17,000 in about 15 months.

  3. 3

    Check the five-year rule

    Before you search

    Confirm no buyer or partner has owned property anywhere in the last five years.

  4. 4

    Get pre-approval and claim the concession

    Before you bid

    Your conveyancer claims the Home Buyer Concession at settlement; you then need to live there for a year.

Getting help with an AFP home loan

A broker can compare how lenders read the composite. Some police offers are direct only.

Questions to ask any lender or broker

  • ✓ Will you count the full Core Composite and Use of Force allowance?
  • ✓ Do you treat a Band 2.4 probationary constable as permanent?
  • ✓ How do you treat salary sacrifice to super?
  • ✓ Are you a 5% Deposit Scheme lender with places in my postcode?
  • ✓ What happens if I'm posted interstate and need to rent the home out?

How our form works, and how we're paid

We don't hold an Australian Credit Licence and don't give credit advice or recommend any loan or lender. The form asks to be put in touch with a licensed mortgage broker. Until we appoint a broker partner, we'll email you the name of the broker we'd introduce you to, and nothing is shared until you confirm. We may receive a referral fee. Read our referral disclosures. P&N Bank's LMI waiver isn't available on broker-introduced loans.

Free, no obligation

Talk to a licensed broker about buying on AFP pay

Shift penalties, overtime and loadings are often assessed differently by different lenders. A broker can tell you which lenders count more of your income. We don't give credit advice ourselves.

Free email alerts

ACT and AFP first home buyer scheme changes, for police

The ACT's duty rules changed on 1 July 2026 and state schemes change with every budget. We re-check the ACT Revenue Office, the states where AFP members are posted, and police lender offers, and email you when something moves.

  • ✓ACT Home Buyer Concession Scheme and duty changes
  • ✓State scheme and police home loan offer changes that affect AFP members

Sent by Police Pay Australia when there's news. Unsubscribe any time. See our privacy policy.

Frequently asked questions

Is there a first home buyer grant in the ACT?

No. First Home Owner Grant payments ceased in the ACT on 1 July 2019. Instead, the ACT runs the Home Buyer Concession Scheme, which from 1 July 2026 removes conveyance duty entirely for eligible buyers, with no income test and no property value limit. AFP members can also use the national 5% Deposit Scheme, which has a $1,000,000 cap across the ACT.

How much stamp duty do first home buyers pay in Canberra?

Nothing, if you're eligible for the Home Buyer Concession Scheme and your transaction date is on or after 1 July 2026. The ACT Revenue Office removed both the income threshold and the property value limit from that date. Without the concession, an owner-occupier would pay about $19,208 on a $750,000 home, on our calculation from the ACT's owner-occupier rates.

Do I have to be a first home buyer for the ACT concession?

Not strictly. The rule is that no buyer, and no buyer's domestic partner, has owned or held an interest in any property in the ACT, elsewhere in Australia or overseas in the five years before the transaction. You must also be an individual aged 18 or over, and live in the home continuously for at least a year, starting within a year of settlement.

How much can an AFP constable borrow for a first home?

On our illustrative method (6% rate tested at 9%, $3,200 a month of living costs, a $5,000 card limit), a newly sworn Band 2.4 constable on $72,317 could borrow about $186,000 on base alone, about $298,000 with the 22% composite, and about $323,000 with the composite and Use of Force allowance. At Band 5.3 with both, about $659,000.

Can I use my 15.4% AFP super for a house deposit?

Not the employer contribution. The ATO's first home super saver scheme only releases eligible voluntary contributions, up to $15,000 a year and $50,000 in total, and specifically excludes employer contributions. Salary sacrificing extra could be released later, but it reduces the take-home pay lenders assess. The 15.4% helps your retirement, not your deposit.

Do lenders count the AFP 22% Core Composite?

Many do with payslips, because it's an annualised allowance paid every fortnight rather than per-shift penalties. Note that the AFP can remove it on 28 days' notice if you can't or won't work the Operations pattern, and a move to a support role ends it. Some lenders shade it for that reason; ask how yours treats it.

I'm posted outside the ACT. Which first home schemes apply?

The ones in the state or territory where you buy and live. Each state's duty concessions and grants differ widely, from no duty on new Queensland homes to no relief on established homes in South Australia and Tasmania. The national 5% Deposit Scheme applies everywhere, with different price caps. Our table above links to each state guide.

Does Police Pay Australia recommend a lender for AFP members?

No. We don't hold an Australian Credit Licence and don't recommend any loan or lender. This guide describes government schemes and publicly advertised lender features, with sources and dates. If you use our form, we introduce you to a licensed mortgage broker and confirm who that is before sharing your details.

Evidence

Sources and how we checked them

Every figure on this page comes from the sources below, read on 9 October 2026. Pay rates and rules change when new agreements are made, so check the source for the date you're reading this. Where we couldn't confirm something from an official source, the page says so instead of guessing. Spotted an error? Read our corrections policy.

  1. ACT Revenue Office: About the Home Buyer Concession Scheme — from 1 July 2026: no income threshold, no property value limit, $0 duty; 5-year prior-ownership rule
  2. ACT Revenue Office: Conveyance duty for non-commercial property — owner-occupier rates, used for our 'duty you'd otherwise pay' figures
  3. ACT Revenue Office: Home Buyer Concession Scheme (FHOG ceased 1 July 2019) — First Home Owner Grant payments ceased in the ACT on 1 July 2019
  4. firsthomebuyers.gov.au: Australian Government 5% Deposit Scheme for first home buyers — eligibility, no income caps, no LMI; run by Housing Australia
  5. firsthomebuyers.gov.au: 5% Deposit Scheme property price caps — SA $900,000/$500,000; Tasmania $700,000/$550,000; NT $750,000/$600,000; ACT $1,000,000
  6. firsthomebuyers.gov.au: participating lenders — includes BankVic, People First Bank, Police Bank, Police Credit Union and QBANK
  7. firsthomebuyers.gov.au: Help to Buy Scheme — shared equity, 2% deposit, income limits $103,000 single and $165,000 joint
  8. ATO: First home super saver scheme, about your contributions (published 8 July 2026) — $15,000 a year, $50,000 in total; employer SG, award-mandated and fund-mandated contributions excluded
  9. APRA: macroprudential settings maintained (28 May 2026) — 3 percentage point serviceability buffer
  10. ATO: tax rates for Australian residents — 2026-27 rates used for after-tax income
  11. Revenue NSW: First Home Buyers Assistance Scheme — exemption to $800,000, concession to $1 million; land $350,000 and $450,000
  12. Revenue NSW: First Home Owner (New Homes) Grant — $10,000; $600,000 cap to buy, $750,000 to build; 12 months' residence for contracts from 1 July 2023
  13. State Revenue Office Victoria: first home buyer duty exemption or concession — no duty to $600,000, reduced duty $600,001 to $750,000 (page updated 15 September 2026)
  14. State Revenue Office Victoria: understanding the First Home Owner Grant — $10,000 for new homes up to $750,000; 12 months' residence
  15. Queensland Revenue Office: first home (new home) concession — no transfer duty on new homes for contracts from 1 May 2025; no value cap
  16. Queensland Revenue Office: first home concession — no duty to $700,000, phased out under $800,000; maximum saving $24,525
  17. Queensland Revenue Office: first home owner grant eligibility — $30,000 for contracts from 20 November 2023; new homes under $750,000
  18. WA Department of Finance: Duties fact sheet, first home owner rate — no duty to $600,000, concession to $800,000; land $450,000 and $550,000 (updated 27 August 2026)
  19. WA Department of Finance: About the first home owner grant — $10,000 for new homes; $800,000 cap south of the 26th parallel from 7 May 2026, $1 million north (updated 29 July 2026)
  20. RevenueSA: Stamp duty relief for eligible first home buyers — new homes, off-the-plan apartments and vacant land; ownership rule from 13 February 2025
  21. RevenueSA: First home buyer (grants, duty and levies) — First Home Owner Grant up to $15,000 for new homes; no value cap for contracts from 6 June 2024
  22. State Revenue Office Tasmania: First Home Owner Grant — $20,000 for transactions from 1 July 2026 to 30 June 2027; $30,000 in 2025-26
  23. State Revenue Office Tasmania: First home buyers of established homes duty relief — 100% exemption to $750,000 not available for transactions settling after 30 June 2026
  24. NT.GOV.AU: Buying or building a new home, HomeGrown Territory — $50,000 for new homes; contracts 1 October 2024 to 30 September 2027; no price cap
  25. NT.GOV.AU: Stamp duty exemption (House and Land Package Exemption) — contracts 1 July 2022 to 30 June 2027; not means tested, no value cap
  26. AFP Enterprise Agreement 2024-2027, via our AFP pay data — Band rates, Core Composite, Use of Force allowance, 15.4% super (s17(5)), relocation
  27. AFP: Police officer, national policing — advertised package $91,726.74 = Band 2.4 + 22% composite + $3,500 Use of Force
  28. AFP: Leave, pay and benefits — College pay at Band 2.3
  29. AFP: PSO remote locations — Remote Defence Capability Payment and remote packages
  30. Police Bank: Police Value Home Loan target market determination (owner occupied P&I) — eligibility and LVR up to 95% with LMI; TMD effective 5 October 2021
  31. Police Bank: Annual Financial Report 2024 — 1964 founding, mergers, HOPE shared-equity scheme
  32. BankVic: home loans — LMI waivers up to 90% LVR, eligibility incl. probation rule, $3,000 cashback
  33. BankVic: home loan offers for police — police-only rate, 100% overtime considered, $4,000 police cashback
  34. People First Bank: Essential Services Package — sworn police, no LMI to 90% LVR, up to $1.2 million
  35. QBANK: membership eligibility — who can join
  36. Police Credit Union: Platinum package — police from any Australian force; no package or loan fees; 0.10% discount off selected home loan rates
  37. P&N Bank: Essential Services Offer terms and conditions — direct-only waiver, WA locations, probation, P&I owner-occupier, $250,000 minimum

Related guides

AFP salary 2026 → Every band, the 22% composite and the December 2026 rise. AFP super → The 15.4% employer contribution, PSSap and what the composite adds. Police home loans → How lenders treat shift pay, overtime and probation across Australia. Transferring interstate → Moving forces or postings, and what it means for pay.

Money for police

More in this series

First home buyers First home buyer guide for NSW police No duty to $800,000, the $10,000 new home grant, the 5% Deposit Scheme, and what a NSW probationary constable could borrow. First home buyers First home buyer guide for Victoria Police No duty to $600,000, the $10,000 new home grant, the 5% Deposit Scheme, BankVic's police offers and what a Victorian constable could borrow. First home buyers First home buyer guide for Queensland police The $30,000 new home grant, no duty on new homes, the 5% Deposit Scheme, and how lenders treat the 21% OSA. First home buyers First home buyer guide for WA police WA's new $600,000 duty exemption, the $10,000 grant, the 5% Deposit Scheme, P&N Bank's direct-only waiver and free country housing. First home buyers First home buyer guide for SA police No stamp duty and a $15,000 grant on new homes, nothing on established homes, the 5% Deposit Scheme, and how lenders read the Response Allowance. First home buyers First home buyer guide for Tasmania Police The $20,000 new home grant, the end of the established-home duty exemption, MyHome shared equity, and borrowing on the 28% shift allowance. First home buyers First home buyer guide for NT police The $50,000 HomeGrown Territory grant, the house-and-land duty exemption, the $33,184 housing allowance and buying from a remote posting. Home loans Police home loans How lenders assess shift pay, overtime and probation, every police offer advertised today, and worked borrowing examples. Home loans LMI waivers for police Which lenders waive lenders mortgage insurance for police, every condition, and how it compares with the 5% Deposit Scheme.
See every money for police guide →

General information, not advice. This guide explains published rules and rates. It doesn't consider your personal circumstances and isn't financial, legal, tax or credit advice. Confirm anything you rely on with your force, your police association, the ATO or a licensed professional.