First Home Owners Can Now Use Super for a Deposit on a Home Loan!

In last year’s 2017 budget, the federal government introduced a new measure to help first-home buyers gain a foothold in the property market: The “First Home Super Saver” (FHSS) scheme, which lets individuals use up to $30,000 of voluntary superannuation contributions as a deposit.

It’s a little complicated but if it helps you get into the property market you might find it worth it. Here’s the important information.

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