Saving for your first home? In a market where owning your home is out of reach for many, the First Home Super Saver (FHSS) scheme offers some practical hope, allowing you to take advantage of your super’s tax concessions to build up and then access your super savings. The FHSS scheme is clearly for first home buyers – those who are buying or constructing their first home in Australia. But those buyers must be 18 years or older; have never owned a property in Australia; and only apply for the scheme once. However, there is provision for owners who … Continue reading Drawing on super to buy your first home