Pyne, Dutton oppose super for houses

Thursday, 13 April 2017

Immigration Minister Peter Dutton has become the latest cabinet minister to indicate he opposes a proposal which would see young people given access to their super to buy a house.

Ministers have been at odds over the proposal ahead of a meeting of the government’s razor gang in Sydney today.

Prime Minister Malcolm Turnbull yesterday cautioned against the idea, and cabinet ministers including Defence Industry Minister Christopher Pyne and now Mr Dutton have indicated this morning they oppose it.

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.