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Australia: Phony election promises will do nothing to resolve housing crisis - Vimarsana News

Australia: Phony election promises will do nothing to resolve housing crisis

The measures proposed by Labor and the Liberal-Nationals are aimed solely at maintaining record house prices and the profits of the banks, while broad sections of the population are increasingly being unable to afford their mortgages and rents.

Source: wsws.org
Waleed Aly shut down by economist after making point about Scott Morrison's first home buyer policy - Vimarsana News

Waleed Aly shut down by economist after making point about Scott Morrison's first home buyer policy

The national economist told Waleed Aly 'that's why you're a TV presenter' when he surprisingly supported Scott Morrison's last ditch attempt to win over young voters.

First home buyers from NZ to the US and Canada can raid their superannuation to buy a home - Vimarsana News

First home buyers from NZ to the US and Canada can raid their superannuation to buy a home

Allowing citizens to dip into their retirement to help them afford their first home is common practice overseas, but experts say it's hard to know the extent to which they've jacked up house prices.

Why allowing Australians to access $50,000 in super to buy a first home is a good idea - Vimarsana News

Why allowing Australians to access $50,000 in super to buy a first home is a good idea

The Liberal Party wants Australians to access up to $50,000 of their superannuation to buy their first home. It now takes more than a decade to save up for a mortgage deposit.

Should you leave your money in superannuation or put it towards a deposit for a first home? - 17-May-2022 - Vimarsana News

Should you leave your money in superannuation or put it towards a deposit for a first home? - 17-May-2022

Allowing first home buyers to draw their superannuation will likely, over time, push up house prices, according to many leading economists, but are you better off leaving your money in your super fund or pulling it out for a home deposit?