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Showing 11 - 20 of 82 results for "First Home Buyers"

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's plan. On his policy, Morrison said: "This is how you help with the cost of living." "You ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... the government's new super scheme would unlock the great Australian dream of home ownership for thousands of first home buyers. Under the new scheme, first home buyers would be able to invest up to 40% of their superannuation, up to a maximum of $50,000 ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... as increases to the cash rate are now imminent, placing pressure on mortgages and impacting affordability for first home buyers. "With the prospect of first home buyers finding it increasingly difficult to enter the housing market, home ownership in ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... schemes. First of all, 35,000 new First Home Guarantee places each year for three years will be made available to first home buyers with low deposits starting from July 1. An additional 5000 spots each year will also be opened up for single parents through ...

Budget to back aspiring homeowners

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... to 30 June 2025 under the new Regional Home Guarantee, which will support eligible homebuyers, including non-first home buyers and permanent residents, to purchase or construct a new home in regional areas, subject to the passage of enabling legislation. ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...

2021 lined homeowners' pockets: Data

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... a house, super and maybe some shares, you're sitting pretty. But this doesn't make it any easier for first home buyers."

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... been advocated for by a range of federal government MPs, including Tim Wilson. Under a 2017 budget initiative, first home buyers can make additional voluntary contributions to their super and then withdraw that money - enjoying a tax benefit - to contribute ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... overseas, again with a focus on new builds. Unsurprisingly, ISA is vehemently opposed to the suggestion that first home buyers should be able to access their superannuation early to buy a house. "There is widespread agreement among housing experts that ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... Home Super Saver Scheme will increase the maximum amount of voluntary contributions that can be released to first home buyers from their super from $30,000 to $50,000. "The government understands the importance of owning your own home and the significant ...