A worrisome debt trap for first-home buyers

Nick Xenophon’s proposal to let young Australians put their super towards a housing deposit will only keep prices out of reach and increase the likelihood of an inevitable market correction.

Should the federal government allow first-home buyers to access their superannuation savings to pay for a housing deposit? Only if it wants housing affordability to deteriorate further.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles