The Coalition's home ownership policy will mean keeping the dream of homeownership within reach of Australians while maintaining the integrity of our world class superannuation system.
"The success of this policy is that it is aligned with the intent of superannuation which is to provide sufficient retirement income," Denita Wawn, CEO of Master Builders Australia said.
"People who own their home, particularly in retirement, are significantly more secure financially than those who do not. They enjoy a higher standard of living," she said.
"This policy will mean that many Australians who do not currently own a home will not have to choose between the benefits of home ownership and an adequate super balance in retirement," Denita Wawn said.
"It will be a step up for all the aspirational people on middle incomes who yearn to own their own home but need to overcome the deposit gap and who are not eligible for current schemes," she said.
"Master Builders also commends the Coalition on its policy to assist seniors to 'right size' into more suitable housing for their stage of life," Denita Wawn.
"Senior Australian's want to remain in their own home as long as possible and they will welcome the Coalition's policy to support them in achieving that aspiration," she said.
"Master Builders has been calling for policies to help address the lack of supply of housing for families and we commend the Coalition's move to address this issue in it's policy," Denita Wawn said.
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