By using this site you are deemed to have read and acknowledged our disclaimer.
This page contains information for authorised deposit-taking institutions (ADIs), life insurance companies and RSE licensees that offer First Home Saver Accounts.
Legislation
List of FHSA providers
Under the legislation FHSA providers may commence offering FHSAs from 1 October 2008. Authorised Deposit-taking Institutions and Life Companies that are providing FHSAs (according to their websites and by contacting their customer service centre) are listed below.
- AMP Bank Limited - ABN 15 081 596 009
- Australia and New Zealand Banking Group Limited - ABN 11 005 357 522
- Big Sky Credit Union Ltd - ABN 51 087 651 358
- Circle Credit Co-operative Ltd - ABN 46 087 650 968
- Commonwealth Bank of Australia - ABN 48 123 123 124
- Defence Force Credit Union Limited - ABN 57 087 651 385
- Greater Building Society Ltd - ABN 88 087 651 956
- Hume Building Society Ltd - ABN 85 051 868 556
- Hunter United Employees' Credit Union Limited - ABN 68 087 650 182
- IMB Ltd - ABN 92 087 651 974
- Members Equity Bank Pty Limited - ABN 56 070 887 679
- MyState Financial Credit Union of Tasmania Limited - ABN 89 067 729 195
- NSW Teachers Credit Union Ltd - ABN 30 087 650 459
- Plenty Credit Co-operative - ABN 29 087 651 643
- Police Association Credit Co-operative Limited - ABN 33 087 651 661
- Satisfac Direct Credit Union Limited - ABN 36 087 651 232
- The Police Department Employees' Credit Union Limited - ABN 95 087 650 799
- Victoria Teachers Credit Union Limited - ABN 44 087 651 769
- Wagga Mutual Credit Union Ltd - ABN 35 087 650 860
- Wyong Council Credit Union Ltd - ABN 29 087 650 897
RSE licensees that have been authorised to offer FHSAs:
- Trust Company Superannuation Services Limited - ABN 49 006 421 638
Authorised deposit-taking institutions and life companies only
Notification to APRA form
Under section 123 of the First Home Saver Accounts Act 2008 (FHSA Act), ADIs and life insurance companies are required to notify APRA of their intention to provide FHSAs. The form below may be used for this purpose.
RSE licensees only
Prudential Standard
RSE licensees that offer FHSAs must comply with the Prudential Standard.
Authorisation application form
Only public offer and extended public offer licensees are eligible to apply for authorisation to be an FHSA provider. The FHSA Act requires the application be made in the approved form.
All FHSA providers (updated February 2009)
Reporting standard, form and instruction guide
Please note the Reporting Standard which includes the Instruction Guide and Reporting Form replaces the version published on the website in October 2008. The changes relate to item 2.1.4 and 2.1.7 of FRF 100.0.
Item 2.1.4
The words “following a transfer” were inserted in item 2.1.4 to clarify that the reason for closure will be that the FHSA holder will give notice that he/she will no longer satisfy the FHSA eligibility requirements.
Item 2.1.7
APRA has amended item 2.1.7 of FRF 100.0 to also collect data on accounts closed as a result of a repayment made in accordance with subsection 992A(4) (unsolicited offer of financial product), section 1016F (defective product disclosure document) or section 1019B (cooling-off period) of the Corporations Act 2001 or following a payment made in accordance with subsection 51B(1) (unclaimed money) of the FHSA Act or on other permissible grounds not covered by items 2.1.3 to 2.1.6 of FRF 100.0.
Further information
For further information please refer to the ATO’s website:http://www.ato.gov.au
