First Home Saver Accounts
The recent establishment of First Home Savers Accounts has provided investors looking to purchase their first home with an opportunity to get a return of over 50%pa.
A First Home Saver Account (FHSA) is designed for home buyers who are trying to save for their first home. The FHSA is a commitment to saving as a FHSA must receive minimum contributions over four financial years and can only be used to purchase a home once this condition has been satisfied.
It
