Expert's Angle - 1st home buyers Super Saver scheme.
Speaker: Bryan Ashenden, Head of Financial Literacy & Advocacy-BT Financial Group
Duration: 30-45 minutes
Entering the housing market for the first time can be a daunting prospect for many, with a significant financial commitment required. In addition to the existing State Government support options available for 1st home buyers, in the 2017 Federal Budget the Federal Government announced a new measure to help 1st home buyers save a deposit. Money can be saved in the superannuation based saving environment and then accessed to use for a deposit. Find out more about this new initiative and whether it might be helpful for you.
In this recorded webinar, we will explore many of the burning issues, including:
- Who is eligible?
- How does it work?
- Which super funds offer this?
- How much can be accessed and is there any tax to be paid?