A helping hand for first home buyers
Getting your first home is one of the most exciting steps you'll ever take. The First Home Super Saver Scheme is a new incentive designed to help first home buyers save up to 30% faster through voluntary super contributions.
How can the scheme help me?
The First Home Super Saver Scheme could boost your savings up to 30% faster, compared with saving through a standard deposit account. As an individual, you can make voluntary contributions of up to $15,000 per year and $30,000 in total, within existing contribution caps, to your superannuation account to go towards purchasing your first home. First home buyers can apply to have their additional super contributions released from 1 July 2018.