Coalition’s super for housing policy a ‘nightmare’ for first home buyers

Labor MP Andrew Charlton says the Opposition’s signature super for housing policy will “hurt the people it is aimed to help”. Before the 2022 election, the Coalition proposed allowing first home buyers to use up to $50,000 of their super for a deposit on a property. “This is one of those policies which looks good on the surface but when you think about it for just a minute, you realise this is terrible policy,” Mr Charlton said. “This is not a panacea for first home buyers, this is a nightmare for first home buyers.”