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FHBs back 'super' idea

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Australian Broker | 23 Mar 2015, 06:23 AM Agree 0
South Australian first home buyers are rallying behind proposals that would enable young Australians to use superannuation to buy their first home
  • V. | 23 Mar 2015, 11:23 AM Agree 0
    It's ridiculous, what people have to learn is to save, save, save from their first paypacket. Too many believe they should have "all the goods" that for a lot of us took years and maturity to achieve. WA has the government Keystart home loan scheme that would better suit as minimal deposit levels etc and no lenders mortgage insurance. If the other states took heed of advice of those that administer that scheme it would be just a plus for all concerned. Giving the right for use of superannuation is another get it easy scheme and shows no level of commitment by the purchasers.
  • jodie | 23 Mar 2015, 09:20 PM Agree 0
    I personally think its a great idea, what they spend out of their super would more than account for what they get out of it in the long run. Maybe a clause of a certain percent of deposit to show their commitment and that they are willing to pay and save for it?
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