The only thing the government will do is make it easier for people to access the super to pay down debt. I know in hardship you can access it now. But the government can allow this look good to the voters and it initially doesn't cost them a cent. Only down the track when people retire and no government cares what happens in 20 years as it's all about power now.
Good post recko about lvr on commercial property they hit everyone to who had high levels of debt and did cause quite a few to sell who couldn't meet there lvr's. Would they be willing to do it to mums and dads in there own house I doubt it, investment loan I am not so sure.
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The only thing the government will do is make it easier for...
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Ron Miller, Non-Executive Director
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