Today the Rudd Government is releasing the First Home Saver Accounts (FHSA) discussion paper outlining the proposed features of the accounts and how they would operate.
This follows Cabinet’s formal approval of the establishment of the FHSA on Monday this week.
“Labor recognises that young people and families in Australia are facing real financial hurdle to purchasing their first home. That’s why we announced we would pursue this policy in the 2007 federal election campaign, to give people a better chance at achieving the great Australian dream of owning their own home” the Member for Fraser, Bob McMullan said.
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| 080208 Housing MR Web.pdf | 67.9 KB |