close
close

First Home Buyers Win With the 2017 Budget

First home buyers are modest winners in this budget. They'll be able to use voluntary contributions to their superannuation to save for a house deposit. Withdrawals will be taxed at a lower rate, but the amount you can contribute is capped at $15,000 a year and $30,000 all up. Both members of a couple can take advantage of the scheme.

The new restrictions on foreign property owners (see Losers: foreigners) could take a little heat out of property prices in the east coast capitals, which would benefit first home buyers.

 
 

Connect with Eden's Crossing

Subscribe to our updates to find out about new releases, special offers and events.

Please tell us some more about you. Your feedback will help us find the best option for you.

Please tell us some more about you. Your feedback will help us find the best option for you.

Step 1
Step 2
Step 3

If you have signed up for updates previously, you can enter your email address here.

Don't have an account? Register now.

Subscribe to our updates, to find out about new releases, special offers and events.

Already have an account? Log in to Save and Compare.

View your Save and Compare

Continue browsing