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WorldThe Guardian (World)

Taylor distances himself from Bragg’s proposal to let homebuyers use super as collateral for mortgages

Opposition leader said the idea for Australians to use their superannuation savings as collateral for a loan ‘is not our policy’ Follow our Australia news live blog for latest updates Get our new political email, free app or daily news podcast Angus Taylor has immediately distanced himself from the latest policy proposal from Liberal frontbencher Andrew Bragg that would let first home buyers use their superannuation savings as collateral for a loan. Bragg, the shadow housing minister, floated “a range of ways” on Tuesday that Australians’ retirement savings could be used to help more people into home ownership. Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

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