Skip to content
First Year30 minutes to set upMoney & Finance

Use First Home Super Saver Scheme

First home buyers can withdraw voluntary super contributions to buy a home. Tax benefits make this attractive.

Why this matters

You can save $10,000+ in tax compared to a standard savings account.

How to do it

How to do it

  1. 1

    Make voluntary super contributions (up to $15,000/year, $50,000 total)

  2. 2

    Apply to release funds through the ATO

  3. 3

    Use for home deposit

  4. 4

    Must not have owned property in Australia before

Only for first home buyers. If you've owned before, you're not eligible.

Time required: 30 minutes to set up

Go to official resource

Applicable Visa Types

Permanent Resident

Related Guides

finance

Claim your super when leaving Australia (DASP)

If you're leaving Australia permanently, you can claim your super money. It's called the Departing Australia Superannuation Payment (DASP).

First Year30 minutes application
finance

Lodge your annual tax return

Australian tax year runs July 1 to June 30. Lodge your tax return by October 31 to avoid penalties.

First Year30-60 minutes
finance

File your first Australian tax return (step-by-step)

Your first Australian tax return can be confusing. Gather your documents, understand what you can claim, and lodge before the deadline.

First Year1-2 hours
finance

Create or update your will and power of attorney

If you have assets in Australia, make sure your will is valid under Australian law. Consider a power of attorney for medical and financial decisions.

First Year1-2 hours

Get your personalised checklist

Sign up free and get a settlement plan tailored to your visa, city, and timeline.

Get started — it's free