First Home Super Saver! 

If you’re looking to take that first step on the home ownership 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 $15,000 per year and $30,000 in total

• concessional tax rate of 15%; and contributions and deemed earnings, net of tax, able to be withdrawn from 1 July 2018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 www.budget.gov.au/estimator to find out more about the advantages of saving for a home deposit through superannuation.