Why the Coalition’s super for housing policy has been accused of being a policy trap
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Experts are weighing in on a Coalition economic policy, which would see first-home buyers using their super to help pay for a home.
Chief executive officer of the Super Members Council, Misha Schubert, says people need to understand the Coalition’s policy is a ‘policy trap’.
“All that would happen if such a policy was implemented, is that young people, particularly, would be encouraged to take money out of their super and it would wack up house prices,” she said.
Press PLAY to hear her full thoughts
The two issues Tom Elliott has with an ‘interesting’ Coalition superannuation policy