New bill supporting first home buyers passed

New laws have been passed to ease access to home ownerships for first home buyers, as the ATO reveals that close to $40 million in super has been released in the first year of operation of the First Home Super Saver Scheme.

by | Oct 16, 2019

Government committee hands down franking credit report

Passed this week, the National Housing Finance and Investment Corporation Amendment Bill 2019 will introduce the First Home Loan Deposit Scheme, allowing up to 10,000 eligible first home buyers on low and middle incomes to purchase a home with a deposit of as little as 5 per cent.

Read more at the Accountants Daily.

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