Home Ownership – How First Home Buyers Boost Their Savings

Trying to save a deposit for your first home can seem like an impossible task, particularly with the increase in house prices. However, the Australian Government has introduced the First Home Super Saver (FHSS) Scheme in an attempt to reduce pressure around housing affordability and to ensure that First Home Buyers are given a ‘fair go’ when it comes to purchasing their first home.

By putting voluntary contributions into your superfund, you can save for your first home much faster, provided that you meet the eligibility criteria and your superfund can release the FHSS contributions.

To read more on this and to find out how you could achieve your goal of owning your first home sooner, please click here

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