A number of changes to the Defence Home Ownership Assistance Scheme Act 2008 have been approved by the Federal Government.
These changes, which take effect from 1 January 2023, include the removal the five year deadline for separated veterans to apply for their final subsidy certificate and reduced minimum service thresholds for each of the DHOAS subsidy tiers.
Want to understand how these changes may affect you? Kym Bowles, Head of Lending at Defence Bank recently spoke to Beck Rayner from the Military Life podcast about the changes to DHOAS and also other entitlements, schemes and home buyer grants available to the ADF.
Find out more about our range of DHOAS home loans.
Listen to Defence Bank and Military Life discussing DHOAS and the other grants and benefits available to homebuyers in this episode of the Military Life Podcast.
Any advice contained in this podcast is general advice only and doesn’t take into account your personal circumstances. All applications for credit at Defence Bank are subject to approval under our credit criteria.