The Turnbull Government is still mulling a plan to allow first home buyers (FHBs) to use superannuation savings to help by a home. The proposal is expected to be discussed by the expenditure review committee in coming days, and it could potentially be included in the May 2017 Budget. However, the proposal has caused deep divisions within the Coalition. From The Australian:
…deep divisions have emerged within the government on ideological grounds about opening super to young families trying to enter the property market, with senior government MPs, including former prime minister Tony Abbott, backing the plan…
