Superannuation use as mortgage collateral divides parties | 7NEWS

By 7NEWS Australia

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Shadow Housing Minister Andrew Bragg has proposed allowing Australians to use their superannuation as collateral or an offset against home loans, marking a shift from the Coalition's previous policy of allowing first-home buyers to withdraw super for deposits. The proposal has divided the major parties, with Labor opposing the plan while the Coalition signals openness to giving Australians more choice with their retirement savings. Meanwhile, Reserve Bank Governor Michele Bullock has flagged concerns about inflation risks as major lenders increase rates in anticipation of another cash rate hike. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi Facebook » https://www.facebook.com/7NewsAustralia TikTok » https://www.tiktok.com/@7newsaustralia Instagram » https://www.

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