Jun 4, 2026 – 5.00amBy imposing a minimum 30 per cent tax rate on most forms of investment profit the budget privileges the two remaining main stores of wealth that do not have that tax rate – a home you live in and your superannuation.The First Home Super Savers scheme, which was introduced in 2017, was always a good way to build up a home deposit, but financial planners say the budget now makes it even better.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Andrew HobbsWealth reporterAndrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.Fetching latest articles