New ISA analysis released last week shows what we all knew: pouring people’s super into the property market would significantly jack up house prices.

Inflated house prices may be secondary to those backbench MPs who own multiple investment properties and have 15 percent super to fall back on, but for aspiring homeowners dealing with already high house prices and a low super rate, it would be a tragedy.

Opening super for first home buyers’ housing deposits could inflate major capital city median property prices by between 8-16%, ISA’s preliminary analysis shows.

Date Published: 04/03/2021 Category: Member Benefits

Related Content

Baby or bust?

Baby or bust?

Read More

Aware Super supports Global Shapers’ landmark climate survey for Aussies under 30

Aware Super supports Global Shapers’ landmark climate survey for Aussies under 30

Read More