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Usage of the FHSS scheme

Data relating to the usage of the FHSS scheme.

Last updated 14 October 2024

Table 1: Usage of the FHSS scheme

Financial year

Determinations

Release requests

Total amount requested ($m)

Number of payments to individuals

Total amount of payments to individuals ($m)

2018–19

10,000

4,200

50.8

3,200

38.9

2019–20

22,900

8,300

111.3

7,000

92.9

2020–21

30,500

12,100

171.5

9,900

141.6

2021–22

32,400

12,500

170.4

9,500

141.7

2022–23

38,500

13,300

203.8

8,700

148.8

2023–24

49,300

16,800

312.7

13,200

255.2

Notes:

  • You can request more than one FHSS determination before you complete a property contract but can only have one active release request.
  • Payments to individuals is the money we have released to individuals after the calculation of withholding tax and the offsetting process against any outstanding Commonwealth debts (if applicable).
  • In this table
    • Determinations, number of payments and release requests have been rounded to the nearest 100.
    • Total amount requested and payments to individuals have been rounded to the nearest $100,000.

QC73068