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Showing 1 - 10 of 12 results for "First Home Super Saver Scheme"

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... LNP will seek to appease voters with recommitments to three existing schemes - HomeBuilder, the First Home Super Saver Scheme and the Home Guarantee Scheme. The Budget also increases support for the National Housing Finance and Investment Corporation ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... 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 deposit. The ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... be another early release-style program or a more radical use of super for buying homes than the First Home Super Saver Scheme.

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... 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 from their super from ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... 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 the FHSS from ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... voluntary superannuation contributions more than SG rates, to be used for home loan deposits under the First Home Super Saver Scheme (FHSSS) announced in 2017-18 budget. ASFA said as at September end, FHSSS release requests totalled $44.1 million across ...

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... without them having to think about it. It could even help them save for a house deposit using the First Home Super Saver scheme." Launched last year, the First Home Super Saver scheme allows new home buyers to contribute up to $15,000 each to their concessionary-taxed ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
... of the super reforms expected to take effect this year, including the downsizer contribution and first home super saver scheme. It's important to note the conditions that apply to the downsizer contribution, Dale said. "One of the big changes this year ...

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
... provides updates to existing legislation for Commonwealth employees, judges and parliamentarians. The First Home Super Saver Scheme (FHSSS), residential downsizing incentives, closing of the superannuation guarantee loophole, and the expansion of choice ...
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