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Showing 51 - 60 of 96 results for "First Home Buyers"

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... 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 ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
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 ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... 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 ...

Housing crisis takes emotional toll on Gen X

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
... 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 ...

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... 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 ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
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 ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... release, regulation and tax subsidies that fuel investment in existing property rather than new buildings. Allowing first home buyers early access to their super will set back a retirement income system that is still struggling to fully deliver." Anthony ...

Bank acquires WA Government loans

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... domiciled in Perth, with the average loan size at $225,000. The loans are all owner occupied, typically held by first home buyers without adequate savings for a deposit. Keystart loans are part of a state government initiative designed as a transitional ...

Younger Australians taking up SMSFs

DARREN SNYDER  |  FRIDAY, 26 AUG 2016
... statistic dispels an erroneous view that SMSFs are full of jewellery and artworks, or that they are driving first home buyers out of the housing market. "Indeed SMSFs are three-times more likely to favour commercial over residential property, albeit ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... potentially expensive form of self-insurance that can lower living standards in old age. CEDA recently called for first home buyers to have access to their superannuation funds to purchase owner-occupied housing perhaps in return for the family home ...