Australian Property

Strongest hint yet Coalition will bribe FHBs in Budget

Leith van Onselen
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By Leith van Onselen

I wrote a few weeks back why I believed that the Turnbull Government would include some kind of first home buyer (FHB) bribe in May’s Budget, most likely in one of two forms:

  • Allowing FHBs to access their superannuation for purchasing a home; or
  • Making FHB owner-occupier mortgages tax deductible.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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