A huge opportunity in retirees' hidden wealth

Freeing up retirees’ housing capital would take pressure off health and pension spending and ease financial stress for all generations. It's a reform that requires tremendous political bravery.

There is an extraordinary political opportunity arising in Australia for whichever side of politics can recognise it first, craft a response and sell it to the Australian people.

For the leader who can pull it off, it would be a reform on a par with Bob Hawke selling enterprise bargaining to the union movement or John Howard selling a new tax – the GST – to Australian voters.

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