First Home Super Saver Scheme now in effect

South West first home buyers are being called on to take advantage Turnbull Government’s First Home Super Saver Scheme, which came into effect on July 1.

The scheme, will give first home savers the ability to accelerate their savings by at least 30 per cent.

Member for Forrest Nola Marino said first home buyers will be able to save for a house deposit within their superannuation by making voluntary contributions of up to $15,000 per year.

For more information see budget.gov.au/estimator.

Source: Busselton Dunsborough Mail.