Housing experts slam wild One Nation ‘kneejerk’ super-for-rent bid

Experts have slammed One Nation’s suggestion that Australians paying rent or a mortgage be allowed to divert a portion of their compulsory superannuation contributions into their take-home pay for up to three years to cover daily costs. Housing experts and economists have slammed a wild One Nation plan to let Aussies raid their super for rent and mortgages – warning the inflation hit will push homes even more out of reach. The policy comes off the back of earlier pre-election proposals to let first home buyers access super for deposits – an idea previously rejected by housing advocacy groups. Under the latest suggestion from One Nation, Australians paying rent or a mortgage would be allowed to divert a portion of their compulsory superannuation contributions into their take-home pay for up to three years. One Nation leader Senator Pauline Hanson and Nationals MP Barnaby Joyce in the Senate courtyard at Parliament House in Canberra. Picture: NewsWire / Martin Ollman One Nation leader Pauline Hanson said “that’s a real boost to help you pay the rent or the mortgage, leaving more room for groceries, power bills and the costs of raising a family”, arguing the plan gives struggling hous...