Taylor distances himself from Bragg’s proposal to let homebuyers use super as collateral for mortgages

Opposition leader said the idea for Australians to use their superannuation savings as collateral for a loan ‘is not our policy’

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Angus Taylor has immediately distanced himself from the latest policy proposal from Liberal frontbencher Andrew Bragg that would let first home buyers use their superannuation savings as collateral for a loan.

Bragg, the shadow housing minister, floated “a range of ways” on Tuesday that Australians’ retirement savings could be used to help more people into home ownership.

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