Just got this emailed to me from the REIA. What a sad bunch of desperate leeches. Super is for retirement, not for saving a doomed property market and blowing your super in a dud investment. Why dont they just accept that it's screwed and let nature take its course.
Dear ,
GIVE FIRST HOME BUYERS A BREAK
The Real Estate Institute of Australia (REIA) has urged the Federal Government to give first home buyers a break. In its pre-budget submission, REIA is calling for a boost of the First Home Owner Grant (FHOG) and has challenged the Government to consider first home buyers having access to their superannuation in order to purchase their property, a scheme that’s been highly successful in Singapore. REIA President Mr Peter Bushby says, “Despite the interest rate decreases last year, the number of first home buyers is the lowest it’s been since 2004.”
Regards, REIA Administration Real Estate Institute of Australia Ph: 02 6282 4277 | Fax: 02 6285 2444 |
