Tuesday, May 17, 2022

Economists double down on "super for housing" warnings; rising house prices could tempt money launderers experts say

Debate is still raging about the Coalition's controversial policy which would allow allow borrowers to access to their superannuation to buy a home. 

But economists remain convinced that special access to super would not only push prices higher but force some people on to the aged pension decades ahead. 

Also a warning that the Coalition's "super for housing" policy could encourage money launderers to wash cash in Australian real estate. 

I speak with Andrew Jackson from First AML on The World Today.

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