Business
Access to super to buy house would have dire consequences on prices: report – NEWS.com.au
Access to super to buy house would have dire consequences on prices: report
A controversial push to allow Australians to drip into their superannuation to buy a home would have dire consequences on price affordability, Australias peak superannuation body has warned.The Association of Superannuation Funds of Australia says allowing members to access funds for a home loan deposit instead of retirement, would place “significant” pressure on a housing market already choked by a lack of supply.
A number of federal Liberal politicians have floated the idea of early access to…
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