Super Housing

The intractable issue of the cost of housing surfaced in 2017 when the Turnbull government introduced the First Home Super Saver Scheme allowing young Australians to access their superannuation to help buy a home. As ABC journalist Michael Janda discovered, young peoples’ super balances are usually insufficient to supply the 20 per cent deposit normally required to purchase a property, especially at the average price of homes in or around Sydney, Melbourne or Darwin.