Business
Should you use your super to buy a property? – Yahoo Finance Australia
It might not be a good idea for everyone, but it can work for the right buyer.
Australians who’ve suffered financially during the COVID-19 pandemic are able to access some of their superannuation to help them get by. Perhaps unsurprisingly in this property-obsessed country, some people are pulling out their super and using it to buy property.
Now from that start, it’s important to note that anyone eligible to withdraw their super under the current rules is likely to be in financial stress and probably shouldn’t buy property. But the rules are flexible and there are no res…
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