Shadow Minister for Housing & Environment. Liberal Senator for New South Wales. Authorised by A Bragg, Liberal Party, Sydney.
Sydney, New South Wales
- Tweets 10,140
- Following 734
- Followers 8,848
- Likes 2,073
Labor/ Big Super don’t care about 1 million Australians facing a retirement of renting. They just want the cash.
afr.com/policy/tax-and-super…
15
10
60
6,563
More Labor taxes, more red tape: fewer homes.
afr.com/property/residential…
1
1
7
426
RT @JoshFrydenberg: It is completely unacceptable for the The University of Sydney to allow a student political group to run for council el…
338
33
Big Super don’t care about the 1 million retired renters. They don’t care if you own a home. All they care about is their rivers of gold.
9
1
10
392
The key test of a secure retirement is whether a person owns a home. Renting is a good choice for some Australians but I don’t want it to become a mandatory design feature of our retirement system.
4
1
10
1,048
More and more people will be retiring with decent super balances but will have to rent in retirement. The IGR states: “retiree renters face substantially higher housing cost pressures and poverty rates.”
1
3
110
If Australians can reorient some of their super savings early in life (for example, a loan from super for residence), they can optimise their objectives. In effect, rebalancing savings between the two objectives.
1
1
25
At retirement, Australians are best served by, in order of priority: 1. Owning a residence outright; and 2. owning financial assets from which they can draw an income to replace or supplement the Age Pension.
23
In 2024-25, some 32% of super lump sum payments were used to pay off mortgages. This is a giant amount of money which raises questions about the cohesion of our savings, housing and retirement policy.
1
15