AusSchemes is not a government service. This information is general in nature and may not reflect the most recent eligibility rules or amounts. Always confirm details on the official source before applying.
First Home Super Saver Scheme (FHSS)
Allows first home buyers to save for a deposit inside their superannuation fund, taking advantage of the concessional tax rate on super contributions.
Indicative amount
Up to $50,000 withdrawal; tax savings of $5,000–$10,000+
Indicative amount only — confirm on the official page
What you get
Withdraw up to $50,000 in eligible voluntary super contributions (plus associated earnings) for a first home deposit. Contributions taxed at 15% instead of your marginal rate — can save $5,000–$10,000+ in tax.
Who it's for
Relevant life events: buying home
How to apply
1. Make voluntary concessional or non-concessional contributions to your super fund. 2. Apply for an FHSS determination through myGov or ATO online. 3. Request a release of funds once you have a contract to purchase.
Documents you may need
- Tax file number
- Super fund details
- First home buyer declaration
- Contract of sale (when requesting release)
Informational only — confirm exact requirements on the official page.
You will be taken to www.ato.gov.au
Last reviewed by AusSchemes: 20 April 2026