High property prices make climbing onto the first rung of the property ladder no easy feat but these new products are giving first home buyers a leg-up.
Angus is keen to reduce the interest payable on his new home loan, but paying down a mortgage early is a trap for many property owners says Paul Clitheroe.
First-home buyers can enter a contract to buy or build their first home at an earlier time and still have access to the scheme rather than waiting for funds to be released, under important changes to the First Home Super Saver Scheme.
Buyers using the First Home Super Saver Scheme can now enter into a contract without having to wait for cash to be released from their super fund first.
After barely making ends meet, Rachel has a new job and an abundance of extra money she would like to put towards her first home. But where should she save her deposit?
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.