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Superannuation policy a desperate panic thought bubble, page-15

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billybongo

27,532 Posts.

15/05/22

18:11

Post #: 61419049
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Originally posted by eagle888 ↑

Under Labor's home shared equity scheme you get a good home from the start
that you otherwise could not afford and as ones equity grows they can buy out the
govts share at any point in time.

You basically can get into the scheme with minimal deposit and guaranteed finance.

What the govt is proposing is corrupting and complicating superannuation for both
the funds and the individual members in the funds

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'Under Labors shared home equity scheme' ....

Only covers 10000 first home buyers a year.

Is it a lucky draw?
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