LDP wants considerable boost to FHSSS and downsizer contribution

Liberal Democrat Senator David Leyonhjelm wants to considerably boost the proposed First Home Super Saver Scheme (FHSSS) and downsizer contribution.

Update: The Leyonhjelm amendment has been revised – it not longer includes the changes to the cap, instead including a

FHSSS and downsizer contribution Bill introduced to Parliament

Bills to enact the First Home Super Saver Scheme and downsizer contribution have been introduced to Parliament.

These measures, which were announced in the 2017, are aimed at improving housing affordability. Though Labor has criticised both the policy and the

First Home Super Saver Scheme breaches sole purpose test, objective of super

The Government’s First Home Super Saver Scheme may push up house prices, reduce retirement savings and breach the sole purpose test and objective of superannuation.

The Government’s First Home Super Saver Scheme has been strongly criticised by the superannuation industry,

First Home Super Saver Scheme Bill may not go to Parliament until 2018

Bills to enact the First Home Super Saver Scheme, along with the Government’s other superannuation policies, may not be introduced to Parliament until 2018.

Update: the Bill for the First Home Super Saver Scheme Bill has been introduced to Parliament.

Accessing super is most polarising of housing affordability options

Allowing first home buyers to access their superannuation is the most polarising housing affordability option, according to a recent poll.

The most recent Essential poll found that ‘allowing first home buyers to withdraw a portion of their superannuation for a

Government touts First Home Super Saver Scheme but hasn’t legislated it

The Government is touting it’s First Home Super Saver Scheme, which is meant to apply to contributions from 1 July 2017, despite not passing the required legislation.

Michael Sukkar, the Assistant Minister to the Treasurer, said the Government is continuing