The Australian Government has policies in place to cater for people who encounter financial hardship and require assistance paying a mortgage or modifying a property. Those experiencing these circumstances may be eligible for the early release of super to assist with the financial hardship Mortgage assistance can help prevent a home being sold by the […]Read Full Story
Posts Tagged ‘superannuation’
Early release of superannuation may be within reach for those experiencing financial hardship from a residential mortgage or needing property modifications
Posted date: August 18th 2014 . Author Gregory Preston .
Posted date: August 7th 2014 . Author Gregory Preston .
Nick Xenophon is proposing a new law that will allow first home buyers to use their superannuation to purchase property. Xenophon, a SA independent senator, backs the plan for new home buyers to borrow money from their super accounts to assist in securing a deposit (The Adviser). Suggestions for the government to adopt a similar […]Read Full Story