The Greens say the ‘super for housing’ scheme is an idiotic idea that will make housing affordability worse, and have criticised Senator Nick Xenophon for signalling his support for it.
Greens spokesperson for housing Senator Lee Rhiannon said, “Senator Xenophon has been pushing the ‘super for housing’ idea since 2014. It wasn’t a good one then and it isn’t a good one now.
“The Liberals dredge this up every now and then, and disappointingly Senator Xenophon has jumped on board.
“This is an idiotic policy and it short changes young people and first home buyers while pretending to help them.
“Let’s not turn a retirement savings scheme into a scheme to prop up house prices and line the pockets of investors even more.
“If Senator Xenophon wanted to make a real difference, he should back the Greens policy to end negative gearing and capital gains tax discounts.
“Is he on the side of the Liberal Party and wealthy investors, or does he stand for policies that will make homes affordable?”