Business
Coalition MPs back super-for-housing push as RBA fears price rises – Sydney Morning Herald
Coalition MPs have spoken up in support of a push to give Australians access to their superannuation to buy a house, as the Reserve Bank reveals fears of price…
Mr Wilsons policy proposal has been attacked by major super funds, arguing it would drive prices up, force young Australians to choose between buying a home or financial security in retirement and only benefit banks and investors.
Several MPs, including Liberal MPs Craig Kelly, Gerrard Rennick and Jason Falinski and Nationals George Christensen and Matt Canavan, spoke in favour of the suggestion on Tuesday in a Coalition party room meeting. They argued helping Australians buy a home was the best…
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