that repeatedly referred to the financial benefits of owning a home.
"I just think, particularly as house prices are going up and rent prices are going up, the opportunity for some modest-income people to have a house would be a very good investment." Former prime minister Paul Keating on Monday evening also warned about deleterious effects on super balances from withdrawing funds earlier than planned.
She said "this may be counterproductive and further inflate house prices" and would "simply mask the underlying cause of unaffordability".
Almost certainly you would have to reverse mortgage your home in retirement though.
I'm sure this opinion is paid for by the property lobby.
And this bloke pictured was the face of super for a while. Why has he changed his tune?
The Morrison gov allowed people to access their super during COVID. How much is left? I want my super for retirement, not to buy a house. Stupid idea.
Sorry Bernie. You and your RBA mates bear a lot of responsibility for unaffordable housing. You were asleep whilst overseas investors (money laundering) got into residential property.
Then look how house prices soar, end result no house and no super.
Note Bernie mentioned the effect of CGT discounts and negative gearing. The shills touting this don’t.
It’s a fucking stupid idea
Superannuation is for retirement The Federal Government hates union run super and will do anything to undermine it
Is it the super of the future?