First Home Savers Accounts
The new first home savers accounts are designed to assist first home buyers get up the deposit for a home.
Please note. Very few Mortgage lenders are currently listed under the legislation as authorised deposit taking institutions to operate first home savers accounts. This list may be helpful to setting one up. Please make your own enquiries before deciding.
The Legislation that governs these deposits is the First Home Saver Accounts Act 2008 (FHSA Act)
List of First Home Savers Accounts Providers
Under the legislation FHSA providers may commence offering FHSAs from 1
October 2008. Authorised Deposit-taking Institutions and Life Companies that are
providing FHSAs are listed below.
AMP Bank Limited - ABN 15 081 596 009
Australia and New Zealand Banking Group Limited
- ABN 11 005 357 522
Big Sky Credit Union Ltd - ABN 51 087
651 358
Commonwealth Bank of Australia - ABN
48 123 123 124
Hume Building Society Ltd - ABN 85
051 868 556
Hunter United Employees' Credit Union
Limited - ABN 68 087 650 182
Members Equity Bank Pty Limited -
ABN 56 070 887 679
My State Financial Credit Union of Tasmania
Limited - ABN 89 067 729 195
NSW Teachers Credit Union Ltd
- ABN 30 087 650 459
Police Association Credit Co-operative
Limited - ABN 33 087 651 661
The Police Department Employees' Credit Union
Limited - ABN 95 087 650 799
Victoria Teachers Credit Union Limited
- ABN 44 087 651 769
Wagga Mutual Credit Union Ltd - ABN
35 087 650 860
Wyong Council Credit Union Ltd - ABN 29
087 650 897