Back to the First Home Loan Deposit Scheme and how a loan works. So basically, when you go to a lender and you ask for a loan, usually a first home buyer, they’ve got a small deposit, a lender views a small deposit as under 20% of the purchase price. What that means is the low that deposit you have means the increased risk the lender has that you will default and not be able to pay the loan and therefore the bank may make a loss, the bank mitigate this risk by taking out an insurance policy. And what that insurance policy does is protect the lender in case they lose any money from lending you the money. This is called Lenders Mortgage Insurance and they make you the customer pay for that policy, the cost of that is generally three or 4% of the purchase price. So on a $600,000 property, for example, you’d be paying 18 to 24 grand, not just paying it means you’d have to save up that extra 18 to 24 grand. This is where the First Home Loan Deposit Scheme comes in. Essentially what it is, is the government coming in and saying hey, this borrower is good for the loan, if you make a loss bank will cover what that means is you don’t have to save up that extra 18-24 grand, which means you can get into your first home a lot faster. So that’s it.