Thankfully the Morrison govt is going to be turfed out on Saturday and we wont have to put up with policies introduced in panic in the last week before the election. The fact they announced this after a week of over a million people having already voted emphasises that it's just a a last minute panic thought bubble.
This superannuation policy aimed at first home buyers would certainly cause confusion in the superannuation industry. Under the plan whatever amount you take out of super has to be put back into super when you sell the home including a share of the capital gain on the home. Mindboggling stuff. "Whatever amount is invested will be returned to your super when you sell the home, including the share of the capital gain from the sale of that home." https://www.abc.net.au/news/2022-05-15/coalition-election-campaign-launch-super-home-buyer-scheme/101068460
