What if You Could Use Super to Buy Your House?
Superannuation is designed for you to put money away for retirement. There's been discussion of whether it's beneficial for people to be able to access it to buy a home. What are the financial ramifications if people in Australia were able to do this?
Show notes:
Raiding super for a house deposit could cost taxpayers $1 trillion
https://www.9news.com.au/national/raiding-super-fund-for-house-deposit-could-cost-taxpayers-one-trillion-dollars/9f540ed9-faef-458e-9414-06ffcc5baa01?ocid=social-9News
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This presentation was originally broadcast on Edge Radio Australia www.edgeradioaustralia.com
None of the information on this show is financial advice and we are not a licensed financial planning, accounting or law firm. Blu Sky Factory is simply an education company, which will give you factual information. We do not give any general or specific advice around finance, business, investing, options, trading, accounting, estate planning, or anything else. That is not what this presentation does. Please see a licensed financial planner/accountant/lawyer when it comes to any investment advice you need.
Additionally, the opinions expressed on this program are not necessarily a reflection of the views of Blu Sky Factory, or Edge Radio Australia.
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