If you’re looking to take that first step on the homeownership ladder, the Federal Government’s First Home Super Saver Scheme will help you save for a deposit by salary sacrificing into your superannuation account.

• available from 1 July 2017;

• voluntary contributions of up to $10,000 per year;

• concessional tax rate of 15%; and

• contributions and deemed earnings, net of tax, able to be withdrawn from 1 July 2018.

Want to know about how the Scheme could benefit you? Head to the Government’s online estimator to find out more about the advantages of saving for a home deposit through superannuation.