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‘Craziest idea I’ve heard’: Malcolm Turnbull attacks using superannuation to buy property – The Guardian

Former prime minister takes aim at ‘really poor arguments’ advanced by his former colleagues against raising the super guarantee

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The former prime minister Malcolm Turnbull has said allowing people to withdraw from their retirement savings to help buy a house is the craziest idea Ive heard and lashed politicians for being patronising by denying ordinary Australians an increase in the superannuation rate.
Appearing on Friday at an event organised by Industry Super Australia, Turnbull also took aim at really poor arguments against raising the super contribution rate from the current 9.5% that have been advanced by what he called…

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