Albanese slams Scott Morrison letting first home buyers ‘raid’ their superannuation to buy property

Scott Morrison’s latest election pitch to have first home buyers raid their superannuation to buy property has been slammed by Labor as irresponsible.

The Prime Minister used the Liberal Party’s election campaign launch in Brisbane on Sunday to unveil his ‘super home buyer scheme’.

‘I’m going for a second term because I’m just warming up,’ he said. 

Under the scheme homebuyers will be able to use up to $50,000, or a ‘responsible portion’, of their superannuation to invest in their first home.

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