Super way to buy home

But they will be playing a 40 year game with their super, so fluctuations in property shouldn’t worry them, any more than fluctuations in the stock market.

Besides, if they don’t own a home by retirement, the first thing they should do with their super is to withdraw as much of a lump sum payment as they need to pay one off, or buy it.

After two and a half years of hearings and deliberations, the committee could have done much better.

With housing affordability increasingly a subject of conversation, and the federal government needing to establish a clear direction in the New Year, perhaps the federal treasurer could ask them to examine this one issue in more detail, and report by March.

Allowing access to superannuation would actually be a decrease in regulation, and its “Yes” would be a win for young Australians and a “No”” to busybody government.