Essential: No votes in super for houses

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Via The Guardian:

More voters believe superannuation should be preserved to fund retirement than used to purchase property according to the latest Guardian Essential survey, which has federal Labor retaining an election-winning position.

The latest poll of 1,804 voters has 50% of the sample saying super should be preserved for retirement, while 38% think it should be available to buy a home.

Only 34% of Coalition voters approved of using super for home ownership, with 58% in favour of keeping the nest egg for retirement.
Support for the concept has dropped since May 2015, when 46% of those surveyed said super should be reserved for retirement and 41% said home ownership should be permitted.

The new Guardian Essential survey has Labor well ahead of the Coalition on the two-party preferred measure, leading on 54% to the Coalition’s 46%. Last week’s two-party preferred vote had Labor leading the Coalition 53% to 47%.

Another public Coalition policy debate foul-up.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.