Under Labor plan the user gets to keep all capital appreciation on their investment. They also get to live rent free in a house (think 2 extra bedrooms for the kids when they come along). They also don't have to pay LMI.
Contrary to what some lame anti Labor everything "analysts" (rofl) here think, you don't have to pay out the govt equity the moment your salary goes above the threshold.
But you are right, the government gets to keep the capital appreciation on the new paint job. Lucky us, we can start to pay down the Morrison/Frydenburg/ Joyce debt. - lol
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Super for first home buyers - massive winner for young, page-85
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