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Tech start-ups to take the sting out of saving for a deposit

A pair of new tech start-ups have emerged with a shared vision of addressing the increasingly difficult challenge of saving for a deposit.

Chris Ferris, CEO of Coposit
Chris Ferris says Coposit not only helps first time investors buy property quicker, but it also opens a new sales channel for developers.

A pair of new tech start-ups have emerged with a shared vision of addressing the increasingly difficult challenge of saving for a deposit. 

With Australian house prices recording annual gains at their fastest rate in more than three decades, first homebuyers and first-time investors are finding that saving for a deposit is more challenging than ever.

CoreLogic data showed Australia’s median house price rose by 20.4 per cent in the 12 months to …