Australia

Opposition housing spokesman Andrew Bragg says the Coalition are trying to better align the retirement and housing systems after he slated a proposal yesterday to allow superannuation to be used as collateral for a housing loan.Bragg’s proposal was swiftly dismissed by Opposition Leader Angus Taylor, who said it was not a Coalition policy and that its formal policy position would be unveiled soon. Opposition housing spokesman Andrew Bragg.Alex Ellinghausen“It’s not a policy, but it’s certainly an idea. Now, in relation to collateral, you could use some of your money to ultimately reduce the amount of money you need for a…

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