Allowing first home buyers to access part of their superannuation for a house deposit could be costly

By Noel Whittaker
Updated March 24 2021 - 4:47pm, first published March 23 2021 - 4:11pm
Allowing first home buyers to access part of their superannuation for a house deposit will not only drive up house prices, but could also cost millions in lost super at retirement. Photo: Shutterstock.
Allowing first home buyers to access part of their superannuation for a house deposit will not only drive up house prices, but could also cost millions in lost super at retirement. Photo: Shutterstock.

The prize for the most ill-conceived idea of the year must go to Liberal MP Tim Wilson for very publicly campaigning for first home buyers to be allowed to access part of their superannuation for a house deposit.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Bega news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.