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Showing 11 - 20 of 96 results for "First Home Buyers"

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... superannuation or financial services, Dutton doubled down on the Coalition's 'super for housing' policy. "We will allow first home buyers to access up to $50,000 of their super for a home deposit - because it is better to get into a house sooner," Dutton ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... bulk billing rates which should see nine out of 10 GP visits fully bulk billed by the end of the decade. More first home buyers will also gain access to the Help to Buy scheme, with the government updating the property price and income caps so more first ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... At the report's launch, Eslake said a super for housing scheme would provide little benefit to 'traditional' first home buyers (aged 25-34) as their superannuation balances are typically too low for withdrawing an amount that would make a material difference ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... additional costs has restricted competition among banks and made it increasingly expensive for them to lend to first home buyers. "Just as zero inflation is not the RBA's goal, zero mortgage delinquencies is an unattainable and undesirable goal for APRA," ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... done to help Australians into a first home." The Committee made two recommendations in particular; to allow first home buyers to access more of their super than has been previously proposed, with options for a higher maximum withdrawal cap and without ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... coming decades. The modelling - commissioned by the SMC - found pension costs could climb exponentially as those first home buyers start to retire with far less super and are forced to rely more heavily on the taxpayer-funded age pension. To meet the ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... Australians to own their own home, but this idea won't achieve that - it would just make that goal even harder for first home buyers by making house prices more expensive," SMC chief executive Misha Shubert said. The SMC is opposing what it calls ...

South Australia recognised as 'economic leader'

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... create a pipeline of work," Mulligan said. "Housing remains a key focus - with the abolition of stamp duty for first home buyers and the creation of a new super portfolio to boost supply and get more South Australians into their own homes. "We know that ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... Australians to own their own home, but this idea won't achieve that - it would just make that goal even harder for first home buyers by making house prices even more expensive." Schubert said a growing list of policy ideas that encourage people to ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... initiatives, potentially stifling parliamentary decisions to liberalise superannuation rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used ...