Allowing first home buyers to access part of their superannuation for a house deposit could be costly

By Noel Whittaker
Updated March 24 2021 - 4:47pm, first published March 23 2021 - 4:11pm
Allowing first home buyers to access part of their superannuation for a house deposit will not only drive up house prices, but could also cost millions in lost super at retirement. Photo: Shutterstock.
Allowing first home buyers to access part of their superannuation for a house deposit will not only drive up house prices, but could also cost millions in lost super at retirement. Photo: Shutterstock.

The prize for the most ill-conceived idea of the year must go to Liberal MP Tim Wilson for very publicly campaigning for first home buyers to be allowed to access part of their superannuation for a house deposit.