A majority of voters approve of the government's superannuation tax plan but Labor and Prime Minister Anthony Albanese have been marked down, the latest Newspoll shows.
Several weeks ago, I suggested a way to reign in bloated defined benefits pension schemes. The federal treasurer has now announced he wants to cap superannuation at $3 million per person.
Allowing citizens to dip into their retirement accounts to help them afford their first home is common practice overseas, but experts say it's hard to know the extent to which they've jacked up house prices.
Property economists have warned of a 'price explosion', and hardship in retirement, if young Australians are given access to their superannuation to buy a home.
