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Showing 31 - 40 of 96 results for "First Home Buyers"

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 ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... remaining 18%. The New Home Guarantee is also be extended by a year, providing an additional 10,000 places. First home buyers will be able to build or purchase a newly built home with a deposit of as little as 5%. An additional $124.7 million will also ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... price of housing." Turnbull went on to call out Wilson and Bragg specifically for their suggestions of allowing first home buyers to use their super to help buy their first home. "I can only comment on what has been proposed by them [Wilson and Bragg] ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards a home deposit is an unfair system. "Australians shouldn't ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... applicants. In addition, the First Home Loan Deposit Scheme was extended by a further 10,000 places that will allow first home buyers to obtain loans to build a new home. In the 2020-21 budget, the Morrison government announced the move to further extend ...

Housing affordability improves

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... Despite the uncertain economic road ahead, REIA president Adrian Kelly expects there will be an increase in first home buyers. "The number of first home buyers decreased to 27,082, a decrease of 10.7% during the quarter but an increase of 23.1% compared ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... analysis from Fidelity, which compared real (inflation-adjusted) residential property prices for Australia's first home buyers through the generations. Fidelity International cross-asset specialist Anthony Doyle said Boomers (born 1950) have cause ...