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International Law
: Australian Regulatory Compliance ReviewFirst home saver account FAQ's for individuals
From 1 October 2008 financial institutions and other approved providers will be able to offer first home saver accounts.
They encourage saving for a first home by taxing earnings on first home saver accounts at 15%.
Here is an ATO summary of the rules.
Full post as published by Australian Regulatory Compliance Review on September 28, 2008 (boomark / email).
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