How to Use the First Home Super Saver Scheme to Unlock Your Dream Abode The First Home Super Saver (FHSS) scheme has been a game changer for many Australians seeking to purchase their first home.
Launched in 2017, this government initiative allows eligible individuals to make voluntary contributions from their before tax salary into their superannuation account, which can then be used as a deposit towards purchasing a first home.
With its tax advantaged benefits and flexible contribution rules, the FHSS scheme has become an attractive option for those looking to break into the property market.