First Home Buyer? What you need to know about the First Home Loan Deposit Scheme (FHLDS)
Are you a potential first home buyer? If so, the Australian Government’s First Home Loan Deposit Scheme (FHLDS) might just be the ticket to your own home.
Why giving up sugar helped me save for a house deposit
When setting a goal it is easy to say, “I want to go on holidays!” “I want to lose 5kgs!” or “I want to buy a house”. It’s also easy to part with your money when the time comes to enjoy the reward of achieving said goal.
How to buy my first home using super
How does it work? From 1 July 2017, you can now make your own concessional and non-concessional contributions into your current super account to save for your first home. There is no need to open a special super account. From 1 July 2018, you can then apply to the ATO to release these contributions, along with […]
Do I need to buy a house?
Over the last week we have asked the PW community how much social pressure they feel about the need to get into the property market. The results* varied – roughly 50% felt the pressure to buy asap, 38% sort of felt the pressure and the remaining 12% felt no pressure at all.
Property lessons from a Gen Y’er
I know, I know, there are a million resources, articles and lists about what to do when purchasing your first property. Having read these (well, maybe not all of them) and working in finance, I thought I had this covered. However, going through the experience I learnt that I definitely did not.
