"Past performance is not an indication of future performance", cowboy. That statement has to be written by law on every financial prospectus in the country.
Letting desperate young adults plunder their super to buy into housing at the peak of the bubble (Sydney has the second-least affordable homes in the world - after only Hong Kong), is pretty much the most sociopathic thing your hero Scott Morrison has ever suggested.
He's basically guaranteeing anyone who takes this offer up suffers massive losses, both real and in terms of opportunity costs.
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Super for first home buyers - massive winner for young, page-106
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