Monday 16 May 2022 04:01 AM Lisa Wilkinson slammed for being 'out of touch' after slamming first home policy trends now
View
comments
Lisa Wilkinson has grilled the government over the 'financial pain' their newest scheme, which allows first home buyers to use their superannuation to put towards a deposit for a home, will cause.
The TV host spoke to Superannuation Minister Jane Hume about the government's Super Home Buyer scheme on The Project on Sunday and examined whether it was an advisable path to home ownership.
Lisa Wilkinson (pictured) has grilled the government over the 'financial pain' their Super Home Buyer scheme will cause
'Super is meant for retirement. Is it really responsible to encourage young Aussies to go for short-term gain when they could end up with long-term financial pain,' she said to the Liberal Senator.
Senator Hume argued that the scheme would actually help young Australians in the long term, stating that home ownership provides financial security later in life.
'One of the greatest indicators of economic security in retirement is whether you own your own home,' she responded to Wilkinson's claims.
'Moreover, this policy allows you to take money out of superannuation now to help you buy that first home but, when you sell the home, you put the money back