The first home super saver scheme is an initiative by the Australian government to encourage citizens to buy their own houses. The housing prices are sky-rocketing, and most young professionals and families have given up their dreams of owning a house.
Moreover, Australia is one of the most expensive countries to live in. As the scenario worsens over the years with less to no income from the construction industry, schemes like Super saver are introduced. This means that you can now buy the property you are living in and intend to live in it for at least six months.