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Showing 31 - 40 of 170 results for "First Home"

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on a first home. They might have expanded the First Home Saver Super Scheme, almost doubling its capacity to release funds into a first ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... corporations outsource their IT services there. Technology professionals are earning more money and want to buy their first home, breaking away from the tradition of living with parents, he said, noting that this in turn will drive stronger demand for ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... seeking to build a new home or purchase a newly built home able to do so with a deposit of as little as 5%. Finally, the First Home Super Saver Scheme will increase the maximum amount of voluntary contributions that can be released to first home buyers ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions that can be released under ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... plays an important role in helping New Zealanders achieve significant milestones in their life, such as saving for a first home or planning for retirement. And we know that those who get financial advice achieve better financial outcomes." "The new regime ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... people to use voluntary superannuation contributions more than SG rates, to be used for home loan deposits under the First Home Super Saver Scheme (FHSSS) announced in 2017-18 budget. ASFA said as at September end, FHSSS release requests totalled $44.1 ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... the price of housing." Turnbull went on to call out Wilson and Bragg specifically for their suggestions of allowing first home buyers to use their super to help buy their first home. "I can only comment on what has been proposed by them [Wilson and Bragg] ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards a home deposit is an unfair system. "Australians shouldn't ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... payments under the National Rental Affordability Scheme which has now been closed to new applicants. In addition, the First Home Loan Deposit Scheme was extended by a further 10,000 places that will allow first home buyers to obtain loans to build a ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... points, one of which is allowing members, especially those who earn lower incomes, to use their super to purchase their first home. Mulino said that such a proposal "takes away the integrity of the scheme" and, together with the early release of super ...