news banner fund

It’s becoming harder to fulfil the great Australian dream of owning your own home, and in response to this affordability issue the federal government introduced a new scheme - the First Home Super Saver Scheme (FHSSS).

 Through the FHSSS Australians will be able to contribute up to $15,000 per year, a maximum of $30,000, with the purpose of withdrawing it and using it for a deposit for their first home.

Super contributions can be pre-tax or-post-tax, though the benefit of contributing pre-tax (salary sacrifice) is it provides the opportunity for individuals to take advantage of super’s concessional tax rates and will be taxed at 15%.

The FHSSS is managed by the Australian Tax Office (ATO) and withdrawals will be subject to their approval. Vision Super, as your fund, will take direction from the ATO and respond to any requests received from them.

Refer to our factsheet, or the ATO website for further information.

At Vision Super we look forward to helping you on your way to owning your first home.

Join now > Please call me >

Latest videos

  • [HD] Investment snapshot - Outlook for 2018
  • [HD] 2017 Investment review
  • [HD] Transfer your other super into your Vision Super account
  • [HD] Celebrate life with Vision Super
  • [HD] Investment snapshot - Sustainable investment updates
  • [HD] Investment snapshot - Outlook for the 2017-18 financial year
  • [HD] The VisQuiz - Sustainability
  • [HD] The VisQuiz - Planning for retirement
  • [HD] The VisQuiz - Investments
  • [HD] The VisQuiz - Insurance

Follow us on social media today

Twitter feed

Did you do anything for EarthDay yesterday? Vision Super staff signed the pledge to help end plastic pollution. Wh… https://t.co/WT4BnAOxeI
About 13 hours ago
We can’t wait to provide members with access to MLC Life Insurance’s online tools and LifeView platform. innovation https://t.co/mcKmWlQSUv
19 April 2018