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| | | ... said. Verante Financial Planning director Liam Shorte told Financial Standard while he understands why many first home buyers will greet the news with excitement, the policy may only serve to increase house prices. "This is a small win for some, but ... |
| | | | ... of questions surrounding the initiative, announced in Treasurer Scott Morrison's Budget, which aims to help first home buyers save up for a deposit via their super fund while taking advantage of a lower taxation regime. From 1 July 2017, voluntary contributions ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... He 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 ... |
| | | | 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 ... |
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