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

Search Results

Showing 41 - 50 of 103 results for "First Home Buyer"

Housing affordability improves

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... quarter but an increase of 23.1% compared to the March quarter 2019," he said. "With the introduction of the First Home Buyer Deposit scheme on January 1 we expect that share of first home buyers will continue to grow." First home buyers decreased in ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
Low return expectations may be impacting first home purchases among younger Aussies, with investors turning towards equities and bonds to reap stronger returns. That's according to the latest analysis from Fidelity, which compared real (inflation-adjusted) ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
More young Aussies are turning to their parents, the appropriately dubbed 'Bank of Mum and Dad', to help secure equity for a first home deposit, and financial advisers are split on the growing trend. For some, the lucky few, the money for the ...

Super fund commits $20m for housing affordability

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
HESTA has invested $20 million to 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 ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... economists said the APRA easing is a material surprise, joining the Liberal's 'miracle' election win, and first home buyer scheme, all of which it thinks are positives for housing. "[This] materially reduces downside risk for housing and the ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
A number of new measures that will dramatically impact the way consumers interact with the financial services industry have cleared both houses of parliament. The Australian Financial Complaints Authority (AFCA), announced in this year's Federal Budget ...

Housing affordability depresses confidence: Westpac

EMMA RAPAPORT  |  THURSDAY, 17 AUG 2017
Aspiring first home buyers remain fearful of their financial futures with new research showing the housing affordability crisis is impacting financial confidence. The survey, commissioned by Westpac, found the majority of first home buyers are not feeling ...

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 ...

Stamp duty axing treated with caution

EMMA RAPAPORT  |  FRIDAY, 2 JUN 2017
The NSW Government decision to abolish all stamp duty for first homebuyers on existing and new homes up to $650,000, and stamp duty discounts up to $800,000, is being met with caution from a financial adviser. Announced by Premier Gladys Berejiklian ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... cannot occur, she added. "Another concern is how this scheme will operate for couples where one partner is a first home buyer and the other is not," Caputo said. But in reality, the amount that can be saved through the scheme alone won't be enough for ...