What the budget means for first home buyers

By Madelaine Wong
Updated May 18 2017 - 4:00pm, first published May 12 2017 - 7:56am
The budget proposals will enable first home buyers to use voluntary contributions from their superannuation to save for a house deposit. Contributions will be capped at $30,000 in total, with both members of a couple able to embrace the scheme.
The budget proposals will enable first home buyers to use voluntary contributions from their superannuation to save for a house deposit. Contributions will be capped at $30,000 in total, with both members of a couple able to embrace the scheme.

The federal budget proposals left some bearing the brunt including foreign investors, but there were some highlights for first home buyers.