end of the first home saver accounts scheme.
In May 2014, the federal government announced they were scrapping the first home saver account scheme as part of the 2014/15 budget – as a result, we’re no longer offering this account.
current first home saver account holders.
The government has now passed legislation ending the First Home Saver Account scheme that gives account holders access to their funds from 1 July 2015, without needing to buy a home.
All ME First Home Saver Account customers were sent a letter outlining the changes and everything they need to know. For more information, check out the FHSA FAQs.