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Search ResultsShowing 11 - 20 of 58 results for "First Home Buyers"
First home buyers: Devil is in the detail for super funds
EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... foothold in the property market. The scheme, announced as part of the Federal Budget on Tuesday night , will allow first home buyers to use up to $30,000 of voluntary superannuation contributions, plus the earnings generated from those savings, to place ...
Advice associations respond to Federal Budget
JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... 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 super ...
Federal Budget is a Ginger Spice
ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... 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 sidestepped ...
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 ...
Budget for the wealthy: Labor
KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... 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 contributions (limited to $15,000 per year and capped at $30,000) to their superannuation ...
Housing crisis takes emotional toll on Gen X
EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
... 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 others get ...
Housing affordability threatens super's future
EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... 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 or low interest ...
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 ...
Home deposits unwelcome in super
DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... regulation and tax subsidies that fuel investment in existing property rather than new buildings. Allowing first home buyers early access to their super will set back a retirement income system that is still struggling to fully deliver." Anthony also ...
Bank acquires WA Government loans
JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... 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 ...
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