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Are you eligible for the First Home Super Saver Scheme? Let’s find out…

Daniel Thompson

On First Home Buyer

“Hi, please don’t hang up! I’m calling from the First Home Super Savers. Will you take a quick survey with us to find out if you’re eligible for the scheme? It’ll only take two minutes. PLEEEEEASSEEEE DON’T HANG UP!”

(In our last article (hyperlink), the wonders of the First Home Super Saver Scheme were uncovered, revealing a tax-saving, interest-earning, deposit-boosting dream for first homebuyers. So, before your savings kick into overdrive, let’s make sure you’re eligible for this super deal. It’s one phone call you’ll definitely want to take):

“Alright, first things first, are you a first time homebuyer…So you’ve never owned any property in Australia? Brilliant.” (As the name suggests, this is kind of essential)

“Okay, next question. This scheme is for anyone planning to buy in the next 12 months once you withdraw your money. Does that sound like you…Perfect.”

“Are you living in the house you’re going to buy?… Well, that’s okay, will you be living there for 6 months after you move in… Great, we’re on a roll here.”

“Now are you buying this house by yourself or in a group…A group, how exciting! Well, I just want to assure you that even if someone in your group has used the scheme, anyone, such as yourself, who hasn’t taken out their money is still eligible to use it…I know, how fantastic? Opportunity knocks more than once!”

“Well, that’s it… no I’m quite serious, that’s all we needed to know. Congratulations by the way, you’re eligible to use the super saver scheme!… No thank you. You have a great day”

(Thanks for not hanging up :))

These articles provide general information only and have been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. They do not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
 

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