Angus Taylor distances himself from Andrew Bragg’s proposal to let first home buyers use super
Opposition leader Angus Taylor has distanced himself from a proposal by Liberal frontbencher Andrew Bragg to allow first home buyers to use superannuation savings as collateral for loans. Taylor stated that the specific idea is not official party policy, while acting prime minister Richard Marles criticized the Coalition for attacking the compulsory superannuation system. Economists noted that while using super as collateral might be preferable to taxpayer-backed schemes, it would likely increase housing demand and worsen affordability in the current market.
- ▪Andrew Bragg proposed that Australians could use their superannuation savings as collateral or an offset to secure home loans.
- ▪Angus Taylor explicitly stated that the proposal to use super for housing is not the official policy of the Liberal party.
- ▪Richard Marles accused the Coalition and One Nation of launching a wholesale attack on the $4.8 trillion compulsory superannuation system.
- ▪Peter Tulip from the Centre for Independent Studies argued that using super as collateral is better than the first home guarantee scheme but would still drive up prices.
- ▪Matthew Bowes from the Grattan Institute pointed out that low-income young Australians, who struggle most with home ownership, are least likely to have substantial superannuation savings.
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| Canonical URL | https://www.theguardian.com/australia-news/2026/sep/22/angus-taylor-andrew-bragg-first-home-buyers-use-super-offset |
| Publication time | Tue, 22 Sep 2026 07:19:45 GMT |
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Opposition leader Angus Taylor speaks to media at Parliament House in Canberra Photograph: Lukas Coch/AAPView image in fullscreenOpposition leader Angus Taylor speaks to media at Parliament House in Canberra Photograph: Lukas Coch/AAPLiberal partyAngus Taylor distances himself from Andrew Bragg’s proposal to let first home buyers use superOpposition leader said the idea for Australians to use their superannuation savings as collateral for a loan ‘is not our policy’ Follow our Australia news live blog for latest updates Get our new political email, free app or daily news podcast Patrick ComminsTue 22 Sep 2026 03.19 EDTLast modified on Tue 22 Sep 2026 03.21 EDTSharePrefer the Guardian on GoogleAngus Taylor has immediately distanced himself from the latest policy proposal from Liberal…
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