Coalition goes ‘Back to the Future’ on FHB bribe

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By Leith van Onselen

History doesn’t repeat, but it sure does rhyme.

Yesterday, the Daily Telegraph reported that the Turnbull Government would launch a scheme in the Budget that would allow aspiring first home buyers (FHBs) to salary sacrifice some of their pre-tax income into a special home saver account:

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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.