Final Report Due

One Nation: promised to allow Australians up to the age of 38, to access their accumulated superannuation funds, to use as a deposit to buy their first home.

We need to look to the future. If we give young Australians the opportunity to access the housing market they are more likely to own their home in their old age. If not, the government is going to have to provide housing. In todays economy they cannot meet the ever increasing demand. A 38 years age cut-off will allow people to still save enough superannuation for retirement.
As we have seen in recent years with the Global Financial Crisis, a lot of people lost money from their superannuation funds. This is not only a good investment by putting their money in bricks and mortar, but it also gives them stability and security. More importantly giving them pride in working toward owning their own home, the great Australian dream.

Evidence URL
TagsPoliticsCreated On15 Aug 2013
Report FrequencybiannuallyExpires On6 Sep 2016
Recorded ByPauline Hanson

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