'Far better' for Australians to have a home in retirement

Shadow Assistant Home Ownership Minister Andrew Bragg says it is “far better” for Australians to have a home in retirement. Mr Bragg said the idea that superannuation is the “only pathway to retirement” is “totally flawed”. “The key factor in your retirement is your homeownership status,” Mr Bragg told Sky News Australia. “At the moment, millennials and Gen Z’s are not going to own houses. “It is far better for people to have a home in retirement, which is why that’s our steely focus.”