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The First Home Super Saver (FHSS scheme) was introduced by the Australian Government in the Federal Budget 2017–18 to reduce pressure on housing affordability. The FHSS scheme allows you to save money for your first home inside your superannuation fund. This will help first home buyers save faster with the concessional tax treatment within super. […]
FEDERAL Treasurer Scott Morrison has handed down his third Budget. Here’s an overview of all the top points. THE ECONOMY — Budget deficit forecast to drop to $14.5 billion in 2018-19, after hitting $18.2 billion in 2017-18. Projected to hit a positive balance of $2.2 billion in 2019-20, before surpluses increase to $11 billion in […]
Investment interest rates from 3.89% variable (comparison rate 3.89%) Interest only home loans from 3.89% variable (comparison rate 4.27%) In 2016/17 financial services Regulators implemented Lending ‘speed humps’ so as to slow the volume of investment loans and interest only loans being written by lenders/brokers. The majority of lenders have now reduced their volumes of […]
First Home loan ? It’s a big wide world out there and let’s face it, you have never experienced buying a property before. It really is a time when you need to seek the services of a Better Choice Broker to assist you in the areas of: How much deposit will you require? What are […]