Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 196 results for "First Home"

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... Wales Minister for Planning and Housing, Anthony Roberts, recently mentioned the idea of unlocking superannuation for first home deposits. Industry Super Australia believes the idea is bad policy as it could reduce retirement savings and drive up housing ...

Westpac provides head start to wealth management

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... start for any child and can be put towards future education, life experiences such as a gap year or a deposit on a first home." Westpac will begin depositing the $200 contributions from 8 April 2017, with the bank estimating around a quarter of the parents ...

Bank acquires WA Government loans

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... mostly domiciled in Perth, with the average loan size at $225,000. The loans are all owner occupied, typically held by first home buyers without adequate savings for a deposit. Keystart loans are part of a state government initiative designed as a transitional ...

Younger Australians taking up SMSFs

DARREN SNYDER  |  FRIDAY, 26 AUG 2016
... said this statistic dispels an erroneous view that SMSFs are full of jewellery and artworks, or that they are driving first home buyers out of the housing market. "Indeed SMSFs are three-times more likely to favour commercial over residential property ...

Aussies unsure about super contributions

DARREN SNYDER  |  WEDNESDAY, 25 MAY 2016
... Generation X and Baby Boomer participants in the survey. For Gen Y the top financial dream was having money to buy their first home. When asked where you would go to look for information about your super, 49% said they'd turn to their employer. This ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... will be launching subsidised Lifetime Individual Savings Accounts that will allow people under 40 to save for their first home and retirement. The initiative follows a raft of other measures designed to open up the UK savings system including the introduction ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... a potentially expensive form of self-insurance that can lower living standards in old age. CEDA recently called for first home buyers to have access to their superannuation funds to purchase owner-occupied housing perhaps in return for the family home ...

Give first home buyers access to super: CEDA

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
First home buyers should have access to their superannuation funds to purchase owner-occupied housing perhaps in return for the familiy home being counted in the pension assets test, the Committee for Economic Development of Australia (CEDA) has said. ...

Hockey contemplates first home buyer access to super

LAURA MILLAN  |  MONDAY, 9 MAR 2015
... Hockey's comments that suggest the government could allow young Australians access to their superannuation to buy their first home. When asked if people should be able to use their super savings to buy property, Hockey answered: "It is incredibly hard ...

One third of first home buyers are investors

ALEX DUNNIN  |  THURSDAY, 15 JAN 2015
Contrary to first home buyers being frozen out of the residential property market, evidence is mounting that many of them are just shifting how they access the market. Concerns about first home buyers (FHB) being denied access to the residential property ...