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Showing 41 - 50 of 196 results for "First Home"

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... negative 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." ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... proclaimed that 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 ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... affordability 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 ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... encouraged to either purchase a newly built property or build a home of their own in regional areas. Similar to the existing First Home Guarantee scheme, eligible buyers using the new scheme will be able to take out a home loan with a deposit as low ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... capital cities, the LNP will seek to appease voters with recommitments to three existing schemes - HomeBuilder, the First Home Super Saver Scheme and the Home Guarantee Scheme. The Budget also increases support for the National Housing Finance and Investment ...

Budget to back aspiring homeowners

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... The renewed scheme will include, 35,000 guarantees each year - up from the current 10,000, from 1 July 2022 under the First Home Guarantee. These are exclusively to support eligible first homebuyers to purchase a new or existing home with a deposit as ...

Generational home ownership gap widens

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
... people buying a home before 30 has almost halved over the generations, finding just 34% of Millennials had bought their first home by the age of 30, compared to 62% of Baby Boomers and 42% of Gen X. It also found that while 92% of Baby Boomers were no ...

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
... you have 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
... has 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 ...