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Thanks Ed. It doesn't look very attractive to me. I'm not surprised they weren't popular. Maybe allowing FHBs to salary sacrifice into a super like product for a deposit would be more attractive? If they didn't use it for a house, it could be rolled over into super. Contribution caps would have...

A Canadian commentator calls for winding down of the Home Buyers? Plan which allows first homebuyers to access retirement savings as a deposit (but they have to pay it back). According to the article, the number of people accessing the scheme is quite modest, at 106,281 in 2011. I'm not sure if...

Does anyone know if a retiree owning thier own home is better off than a retiree that rents? It would be interesting too see a non-partisan cost benefit analysis comparison. I would have thought a home owner would be better off but I'm probably wrong.

Zing! :) I don't know why everyone is jumping in to defend super. Apparently it's nothing more than a money laundering scheme :rolleyes...

Yeah, but it could never work here. We are a nation of NO!