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Super for homes will ‘push up’ property prices: APRA – The Australian Financial Review

The banking regulator has warned that a push by Liberal politicians to allow superannuation members to withdraw retirement funds to buy a home would further push…

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Australian capital city dwelling prices rose 2 per cent in February according to CoreLogic, the strongest monthly gain since 2003.
Economists are forecasting double-digit price growth this year, as ultra-low interest rates and strong demand bid up values.
The national preliminary auction clearance rate jumped to 84 per cent on the weekend.
In the lead up to the May federal budget, the government has been considering allowing workers to dip into superannuation for working-life expenses such as housing…

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