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Showing 1 - 7 of 7 results for "FHSS"

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... on social media last weekend, but that was likely because they didn't understand the scheme. But who could blame them? The FHSS scheme is poorly understood because it is so inconsequential. Yes, it's a brilliant idea to enable Australians to use the ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions that can be released under the FHSS from $30,000 to $50,000. The Association of Superannuation Funds of Australia welcomed the move, with deputy chief executive ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
Allowing Australians to use their superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their ...

Early release of super, FHSSS gaining traction: ATO

KARREN VERGARA  |  MONDAY, 22 OCT 2018
... confirm the amount authorised for release, Treasury said at the time. O'Halloran also said that the First Home Super Saver (FHSS) Scheme is successfully underway since it was introduced in the 2017-18 Budget. Over the same period, the ATO has made ...

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 ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Bills to enact the First Home Super Savers Scheme, residential downsizing incentives, and a raft of additional superannuation and retirement policies announced following this years' Budget may not be introduced to Parliament before the end of the year. ...
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