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Showing 71 - 80 of 173 results for "First Home"

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 ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... challenges as they attempt to navigate clients through Treasurer Scott Morrison's housing affordability package - from the First Home Super Savers Scheme right through to an initiative encouraging older Australians to free up housing stock by downsizing. ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... are not ahead' particularly for the unemployed, students, or if "you need to see a GP, or 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 ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... SMSFs in just 4.5 years. Allowing this to continue would increase risk in the superannuation system and crowd out more first home owners." The SMSF Association has hit back against the policy, saying that there is little or no evidence that the use of ...

Housing crisis takes emotional toll on Gen X

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

Housing affordability threatens super's future

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

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
... Wales Minister for Planning and Housing, Anthony Roberts, recently mentioned the idea of unlocking superannuation for first home deposits. Industry Super Australia believes the idea is bad policy as it could reduce retirement savings and drive up housing ...

Westpac provides head start to wealth management

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... start for any child and can be put towards future education, life experiences such as a gap year or a deposit on a first home." Westpac will begin depositing the $200 contributions from 8 April 2017, with the bank estimating around a quarter of the parents ...

Bank acquires WA Government loans

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... mostly 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 ...