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

Search Results

Showing 11 - 20 of 27 results for %22First Home Super Saver Scheme%22

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... without them having to think about it. It could even help them save for a house deposit using the First Home Super Saver scheme." Launched last year, the First Home Super Saver scheme allows new home buyers to contribute up to $15,000 each to their concessionary-taxed ...

Early release of super, FHSSS gaining traction: ATO

KARREN VERGARA  |  MONDAY, 22 OCT 2018
... confirm the amount authorised for release, Treasury said at the time. O'Halloran also said that the First Home Super Saver (FHSS) Scheme is successfully underway since it was introduced in the 2017-18 Budget. Over the same period, the ATO has made ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
... of the super reforms expected to take effect this year, including the downsizer contribution and first home super saver scheme. It's important to note the conditions that apply to the downsizer contribution, Dale said. "One of the big changes this year ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... from the proceeds of selling their home into their super accounts, will come into effect from 1 July 2018. The First Home Super Savers Scheme was supported by Liberal Democrats senator David Leyonhjelm after an amendment to ensure a review of the scheme ...

Housing affordability depresses confidence: Westpac

EMMA RAPAPORT  |  THURSDAY, 17 AUG 2017
... participants, a report earlier this month indicated that Bills to enact the Budget 2017 housing policies - the first home super savers scheme and the residential downsizing incentives - may not reach Parliament before the end of the year (link story). ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... provides updates to existing legislation for Commonwealth employees, judges and parliamentarians. The First Home Super Saver Scheme (FHSSS), residential downsizing incentives, closing of the superannuation guarantee loophole, and the expansion of choice ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
The practicality of the Federal Government's proposed first home superannuation saver scheme is raising concerns with several financial advisers. HLB Mann Judd wealth management manager Lindzi Caputo said there are still a lot of questions surrounding ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Asset consultants and industry associations alike are applauding the introduction of the First Home Super Savers Scheme which they say will help young people to get a foothold in the property market. The scheme, announced as part of the Federal Budget ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... delivering more supply to the residential property market," Kewin said. Kewin said strategy around the First Home Super Saver Scheme must be well considered. "This comes with quite a marked change in the required investment approach, with a 'dual' investment ...