Second Reading Speeches

First Home Saver Accounts Bill 2008

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Part of a package of three bills, the bill: establishes and governs the operation of First Home Saver Accounts; provides for the payment of Government contributions of 17 per cent on the first $5,000 of personal contributions made into an account each year; and provides for the prudential regulation of account providers.

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