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Australian first home buyers are in the dark when it comes to the First Home Super Saver Scheme

Australian first home buyers are in the dark when it comes to the First Home Super Saver Scheme 56 percent of Australians have never heard of the initiative, and amongst those who have, only a minority are aware of the details Sydney, 09 May 2018 : The First Home Super Saver Scheme (FHSSS) is failing to achieve cut-through in the public sphere, new survey findings reveal. The results of a nationwide survey commissioned by Gateway Bank, has found that more than half (56 per cent) of Aussies have not heard of or do not know if they have heard of the FHSSS. The survey of over 1,000 Australians also revealed that of those who had heard of the scheme, only a minority (1 per cent) were able to correctly identify components of the scheme.  These findings unveil bleak insights into the FHSSS, which was introduced in the Federal Budget last year to reduce pressure on the housing affordability crisis, particularly for those looking to enter the property market for the first time. P...