Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Paul Karp Chief political correspondent

Coalition flags expanding super for housing policy amid increase in house prices

Shadow housing minister Michael Sukkar
Shadow housing minister Michael Sukkar says the Coalition has recommitted to allowing first home buyers to access $50,000 from their super. Photograph: Mick Tsikas/AAP

Michael Sukkar has flagged that the Coalition could expand its super for housing policy to increase the amount that first home buyers can withdraw in response to rising prices.

The shadow housing minister said on Monday it was a “good point” that the original proposal for a single person to withdraw $50,000 was conceived before the 2022 election when prices were lower and may need to be revised – although the “broad strokes” would remain the same.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.