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The Guardian - AU
The Guardian - AU
National
Paul Karp Chief political correspondent

Coalition looks to expand super for housing policy to include mortgage offset, Andrew Bragg says

Liberal senator Andrew Bragg
Liberal senator Andrew Bragg says given the average deposit in Sydney is $150,000, it’s a ‘big thing to deny’ people access to that capital via their super. Photograph: Mick Tsikas/AAP

Homeowners should be able to pay their super into their mortgage offset accounts, the Coalition says, as it looks to expand its signature super for housing policy.

Andrew Bragg, appointed the shadow assistant minister for home ownership in the March reshuffle, has confirmed the opposition will push for first home buyers to be able to withdraw more than the $50,000 proposed before the 2022 election.

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