New Scheme for First Home Buyers Falls Short of the Mark

mini house

The First Home Super Saver Scheme (FHSS) is a new initiative that passed into law on 13 December 2017. The scheme allows individuals to save towards their first home deposit within the superannuation system as from 1 July 2017.  

The FHSS is the government’s response to helping Australians with housing affordability. But is it enough? In Part 2 of our 3-part series on Housing Affordability, we ask whether or not the FHSS is the saviour of the great Australian dream, or is it too little too late?
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