First Home Super Saver Scheme explained
Saving for a home deposit is hard work. But if you qualify, the First Home Super Saver (FHSS) scheme could help you get there faster.
More than 1,602 of our members have received FHSS payments so far.*
*As at 25 July 2026.
How it works
Withdraw
Withdraw extra contributions you’ve made into your super (before or after tax) and use it for your first home deposit.
Across Australia
First home buyer
You're a first home buyer, having never owned property in Australia – this includes an investment property, vacant land, commercial property, a lease of land, or a company title interest in land. Provided your name is on the property title and you haven't previously used the scheme.
More information
How our member Sanja used the scheme
“I listen to a podcast called, 'She’s on the Money' and that’s where I learned about the FHSS scheme.”
“I’m seeing a mortgage broker and getting organised so I can find and buy my first home” Sanja says.
"The FHSS scheme has been great for me because it helps me save. I pay less tax when I put money into my super, and I’m not tempted to take the money out and spend it, because I can’t!”
Other things to consider
The scheme mightn’t be suitable for you.
Using the FHSS scheme, you can contribute up to a maximum of $15,000 (this will count toward your overall contribution limit) in any one financial year, and up to a maximum of $50,000 across all years.
Before-tax contributions and earnings will be taxed at your marginal tax rate, minus a 30% tax rebate.