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Showing 1 - 10 of 18 results for "First Home Saver Account"

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... funds won't play a part in promoting the scheme to their members. "One of the reasons the Labor Party's First Home Saver Account failed was that it was complicated and the banks never really promoted the special accounts that were required for the deposits ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... of their first home," budget documents say. While the scheme is loosely based on the Rudd government's first home saver account that were introduced in 2008 but abandoned by the Abbott government, this new scheme will operate very differently as it will ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
Here we go again; a parliamentarian proposes a policy response to housing affordability involving superannuation and trade-side interest groups circle the wagons, warning of capital market calamity. Triggering this latest ruckus is that at end July ...

Govt to offer more choices on FHSAs

RUTH LIEW  |  THURSDAY, 7 OCT 2010
... offers more concessions that will make FSHAs a more appealing means to save for property. Currently, a First Home Saver Account holder is required to keep their savings in the account for four financial years before they are able to use those savings ...

AMP taps first home saver market

RUTH LIEW  |  MONDAY, 22 SEP 2008
AMP Banking is offering first home saver accounts (FHSAs) which boasts an 8 per cent interest rate per annum. AMP is launching the new account from the beginning of October, which will see borrowers pay an introductory variable interest rate of eight ...

Max Super eyes FHSA market

MICHAEL HOBBS  |  THURSDAY, 28 AUG 2008
Gen X and Y focused online super fund, max Super is developing its own version of the First Home Saver Account (FHSA). David Williams, head of max Super, said although it was unfortunate the government took the FHSA out of superannuation, it did present ...

Introducing the Burnie Pub PDS

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2008
The government moves to scrap Latin-like, 100-page product disclosure statements (PDSs) in favour of plain English four-page forms by creating a template to prove it can be done. Today Senator Nick Sherry, Minister for Superannuation and Corporate Law ...

Industry funds steering clear of FHSAs

WWW.THESHEET.COM  |  FRIDAY, 13 JUN 2008
The release this week of Australian Prudential Regulation Authority draft prudential standards for super funds that plan to offer first home saver accounts has confirmed the view of many fund trustees that the FHSA structure and regulatory framework ...

Wayne the nation builder

ALEX DUNNIN  |  WEDNESDAY, 14 MAY 2008
Treasurer Wayne Swan has donned his hardhat and launched Australia on a massive $40 billion nation building program centred on three new investment funds designed to fix infrastructure, health and education while also kick starting Australia's regional ...

2020 Summit push for life long accounts

ALEX DUNNIN  |  TUESDAY, 22 APR 2008
The wealth management industry may have been left off the 2020 Summit's guest list but that doesn't mean we were left out of the Summit's final report. The initial report outlining the summit's outcomes contains two key recommendations that could have ...
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