First Home Saver Account
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The First Home Saver Account has been developed by the Government to make it easier to save for your first home. The account receives Government contributions and earns interest which is taxed at a low rate.
Big Sky is offering a very attractive interest rate of 4.60% p.a. to give your savings for your first home an even bigger boost!
You should consider opening a First Home Saver Account if you
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- only want to use your savings to buy or build your first home in Australia to live in ('buy your first home'), and
- are able to save at least $1,000 a year ($20 a week) in 4 separate financial years - they do not need to be in a row.
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A financial year is from July 1 to June 30.
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Find out if the First Home Saver Account is right for you and download the brochure here.
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Download the application form here
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