Early Access to Super for Housing Proposal Slammed as 'Bad Policy'

MELBOURNE, Australia, Feb. 22 -- Industry Super Australia issued the following news release:

Industry Super Australia has slammed as 'bad policy' suggestions that young people access their superannuation to buy their first home.

Media reports suggest the proposal has some traction within government ranks.

Chief economist Stephen Anthony said: "This could reduce retirement savings and drive up housing prices while doing nothing to address supply&q . . .

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