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Showing 51 - 60 of 196 results for "First Home"

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... the bill, the maximum amount of voluntary contributions that people are able to release from their super under the First Home Super Saver Scheme will increase from $30,000 to $50,000, empowering more Australians to save effectively for their first home ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
The Reserve Bank of Australia has suggested it may shift policy to cool the property market in 2022, likely to result in homebuyers being able to borrow less. BuyersBuyers co-founder Pete Wargent said that this time around the rules will mostly impact ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... investment from 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 ...

Finfluencers ensnare female Millennials

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
... movement reflects a new trend of Millennials trusting online sources to make significant life decisions like buying a first home, investing in shares for the first time or re-assessing the best superannuation options. "Finfluencers are stepping in where ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... research shows. Commonwealth Bank data shows customers have bought property on an average of 4.78 years faster using the First Home Loan Deposit Scheme (FHLDS) or New Home Guarantee (NHG). CBA customers in NSW saved an average of 5.05 years followed ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... its predecessor. The removal of the $450 income threshold, lower age for downsizer contributions and changes to the First Home Saver Super Scheme were the big changes in the budget. The work test is also proposed to be abolished for those aged between ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on a first home. They might have expanded the First Home Saver Super Scheme, almost doubling its capacity to release funds into a first ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... corporations outsource their IT services there. Technology professionals are earning more money and want to buy their first home, breaking away from the tradition of living with parents, he said, noting that this in turn will drive stronger demand for ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... seeking to build a new home or purchase a newly built home able to do so with a deposit of as little as 5%. Finally, the First Home Super Saver Scheme will increase the maximum amount of voluntary contributions that can be released to first home buyers ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions that can be released under ...