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Housing Affordability and Related Superannuation Measures

Published: 01 Aug 2017

The proposed First Home Super Saver Scheme (FHSS) announced in the 2017 federal budget will put retirement savings at risk and possibly drive up housing demand.

Industry Super Australia, in its submission to Treasury's Draft Legislation on Housing Affordability and Related Superannuation Measures, has argued that, in guaranteeing returns through the use of the shortfall interest charge, the FHSS would eat into compulsory savings.

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