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Showing 91 - 100 of 196 results for "First Home"

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... Financial Planning Association of Australia reinforced its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the Federal Budget delivered last night, first home buyers will be able to salary sacrifice ...

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... said. Those that Breckon saw as welcome were the downsizing provisions for older people and the initiative to allow first home buyers to make voluntary contributions to super of up to $30,000 to provide a deposit on a home. He said the latter "neatly ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... Gallagher said in a joint statement the Turnbull government is "encouraging a raid on superannuation savings." "The first home super saver scheme will do nothing to address housing affordability but will work to undermine Australia's world-class superannuation ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
First home buyers will be given greater opportunities to own their own home under a new savings plan in the 2017 Federal Budget. From 1 July 2017, first home buyers will be allowed to make voluntary contributions of up to $15,000 per year and $30,000 ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... challenges as they attempt to navigate clients through Treasurer Scott Morrison's housing affordability package - from the First Home Super Savers Scheme right through to an initiative encouraging older Australians to free up housing stock by downsizing. ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... are not ahead' particularly for the unemployed, students, or if "you need to see a GP, or you're trying to buy your first home." He added the Budget was a "massive failure on housing affordability." First home buyers will now be able to make voluntary ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... SMSFs in just 4.5 years. Allowing this to continue would increase risk in the superannuation system and crowd out more first home owners." The SMSF Association has hit back against the policy, saying that there is little or no evidence that the use of ...

Housing crisis takes emotional toll on Gen X

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
... pressure in relation to housing, noting the media, friends, family and social media all have a role to play in reminding first home buyers of their inadequacy. "I'm not surprised half of Gen Y's who don't own a home feel the most envious or jealous when ...

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... said. He prescribed a number of solutions aimed at state and federal governments including reducing the competition first home buyers' face from domestic investors, including owner-occupied housing within the pension assets test, and providing grants ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Superannuation industry associations have once again come out strongly against a policy of allowing first home buyers early access to their superannuation to purchase a home. Following comments this week from Assistant Treasurer Michael Sukkar, who ...