Business
Super for first-home buyers: a safe future for young Australians or just a boost for property prices? – The Guardian
A plan to help renters get ahead on the property ladder could jeopardise their retirement and place a burden on taxpayers, experts say
Like any major crisis that permeates the fabric of all our lives, the coronavirus pandemic has thrown up demands for a rethink of things we have taken for granted for decades. One such call is that by a group of Liberal MPs to allow young Australians to access their superannuation pot in order to help them buy their first home.
They enter the debating arena at their peril given that the system of mandatory superannuation is one of the sacred cows of Australian public policy. Diverting those fun…
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