Home Lifestyle 2022 federal election: Labor accuses Morrison government of “desperate” housing policy

2022 federal election: Labor accuses Morrison government of “desperate” housing policy

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Labor says young people do not need to “retire” to buy a home, calling Scott Morrison’s new policy to give first home buyers access to a super “desperate act of the dying government”.

On Sunday, the prime minister announced that in the event of a re-election he would make changes to the super to allow first home buyers to use up to 40 percent of their super to put on a home purchase.

The ad received mixed reviews: real estate groups welcomed it, while Industry Super claimed it would lead to higher house prices.

Labor was quick to reject the ad, and Shadow Housing Minister Jason Claire noted that the idea was rejected by former Liberal leaders, including John Howard, when they looked at it in the past.

“What we saw today was the last desperate act of the dying government, every heavy attacker in the last-generation Liberal Party who looked at the issue hit him in the head,” Mr Claire told a news conference on Sunday.

“Malcolm Turnbull described it as ‘the craziest idea I’ve ever heard.’ John Howard said it was “super for retirement” and he was right. Peter Castello said: “Well, look, this idea has been around for a long time. Every generation thinks it’s a wheel invented. ” «

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https://thewest.com.au/politics/federal-election/federal-election-2022-labor-blast-morrison-government-over-desperate-housing-policy-c-6807846

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