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Showing 31 - 40 of 134 results for %22First Home Buyers%22

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 ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... sales," Cooke said. "In an ideal market, you buy when you can afford to and you sell when you want to. Stamp duty forces first-time buyers to save up for longer, and prevents current owners from upselling." Cooke said removing stamp duty may result in ...

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 ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... ball - February's preliminary estimate of a 0.4% increase was recalculated to show a 0.5% rise in the final version. At first glance, the spike in domestic retail spending appears to be counter-intuitive and abnormal given the sharp fall in consumer ...

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 ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... not to proceed with the bank of Mum and Dad," he said. "There are incentives available of up to $82,145 for first home buyers (in Victoria) and with the various schemes available and the right advice I am confident everyday Australians can continue to ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... "includes pre-Christmas payments of $4.8 billion for pensioners, $3.9 billion in support for families, and $1.5 billion for first-home buyers..." This was topped up with a second fiscal spending package amounting to around 4.2% of GDP. This is in tandem ...

Super fund commits $20m for housing affordability

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... help improve housing affordability and sustainability via a scalable, innovative apartment project. Targeted at first home buyers, Affordable Housing clients and those working in key community occupations, 'Nightingale Village' is a 185-apartment, carbon-neutral ...

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... in the background 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 ...