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First Home Saver Account

 
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Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

The Act below makes amendments to allow savings in a first home saver account to be paid into an approved mortgage after the end of a minimum qualifying period, rather than requiring it to be paid to a superannuation account.

Media release

For more information see the joint media release (number 033/2010) by the Treasurer and the Minister for Housing issued on 11 May 2010 announcing the proposed change.

Legislation and supporting material

For more information refer to Tax Laws Amendment (2011 Measures No. 1) Act 2011 and the Explanatory Memorandum.

Last Modified: Thursday, 30 June 2011
 
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