The head of Industry Super Australia (ISA), Bernie Dean, has lashed the push to allow first home buyers (FHBs) to access their superannuation savings to purchase a home, claiming it will make the affordability situation worse:
“Getting into a first home is really tough for lots of reasons, but adding people’s super to the mix will turn affordability toxic,” Mr Dean said…
“Busting open super for housing is not the way to get low-income Australians into the property market, you do that by pursuing policy changes that increases the supply of affordable housing,” he said.
