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What first home buyers think of raiding super to buy a home

What first home buyers think of raiding super to buy a home

First home buyers will be able to withdraw up to $50,000 of their superannuation to buy a property under a new Coalition policy. It has divided experts, but how do buyers feel?

Super v housing: it’s time young people had that debate

Fewer home buyers are making plans to enter the market.

Politicians could really help the young by not forcing an increasing amount of their pay packets into super, while also addressing the underlying forces driving house prices ever higher.

Jessica Irvine
Jessica Irvine

Senior economics writer

‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan

The chair of the country’s largest superannuation fund has warned the Coalition’s super-for-housing policy will reduce investment returns and push up house prices.

Labor ‘hates it’: Morrison says buying a home with superannuation is no gamble

Election campaign. Australian Prime Minister Scott Morrison visits Springfield Rise Display Village, south of Brisbane to meet prospective home buyers, in the seat of Blair. The Federal election will be held on Saturday 21st May 2022. Photographed Monday 16th April 2022. Photograph by James  Brickwood. SMH NEWS 220416 ausvotes2022. With Sam Biggins -  Liberal candidate for Blair

The first home buyer policy has sparked an election fight on housing affordability as Scott Morrison tries to claw back ground with voters.

Christian Porter returns to the bar as defence lawyer in Perth gun heist trial

Former federal attorney-general Christian Porter has returned to private legal practice.

Once touted as a potential future prime minister, Christian Porter has retired from politics and returned to private legal practice.

Dawsons’ home lost ‘loving feeling’ before Lynette vanished, court told

Patricia Jenkins has told the NSW Supreme Court her sister Lynette Dawson would speak about her husband Chris’ relationship with a teenage babysitter.

Craig McLachan arrives at court on Monday with his partner Vanessa Scammell.

Craig McLachlan denies getting nude in front of three female colleagues

McLachlan gave evidence for a fifth day in the defamation case he brought against the ABC and The Sydney Morning Herald.

Trio on trial for Jack Beasley’s stabbing on Gold Coast glitter strip

Jack Beasley’s friends, who were with him during the attack, remember him as “special” 
and “the funniest person we knew”.

The 17-year-old was stabbed in the chest on Surfers Paradise Boulevard about 8.10pm on December 13, 2019.

Triple-murderer tells court to take him at his word over fatal firebombing

Career criminal Vincent O’Dempsey refused to take an oath or affirmation for his evidence at a coronial inquest in Brisbane.

Graeme Innes fights to change how disabled people are treated when they fly

Graeme Innes, pictured with his dog, is fighting to change the way people with disabilities are treated on airlines and at airports.

Former disability discrimination commissioner is leading fight to change the people with disabilities are treated by airlines after recent experience at Adelaide Airport.

Doctors in distress: Why demanding lifestyle puts young medicos at risk

Two years after Tash Port took her own life, her mum still struggles to comprehend the pressure the young doctor was under. So does the medical profession, as it confronts the alarming rate of suicide among young female doctors.

CSIRO and Google have developed an AI which uses machine learning to spot crown-of-thorns starfish on the Great Barrier Reef.

Google bot spots spreading starfish 20 times better than humans

Google has collaborated with CSIRO for a project using machine learning to develop a tool to pinpoint crown-of-thorns starfish on the Great Barrier Reef.

Moore-Gilbert reclaims her life with startling Iranian prison memoir

Kylie Moore-Gilbert in Iran before her arrest.

Surviving 804 days in prison on trumped-up charges and writing this book is proof that the best revenge is living well.

Tom Cruise and Australia’s biggest directors are the star attractions as Cannes returns

Baz Luhrmann and Tom Cruise will be stars of the show at Cannes this month.

Along with two films from Australian star directors, the launch of Top Gun: Maverick at the 75th Cannes Film Festival tells the world that big cinema is back.

That syncing feeling: How I sparked a Twitter intervention

No matter if you’re Kim Kardashian or a columnist’s mild-mannered partner, you can be analysed and criticised by complete strangers.

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Australia votes 2022

Economists say the main issue for Australian housing is a lack of supply.

‘Leverage their own money’: Liberals want to open up super after housing plan

Critics say the Coalition’s plan to let first home buyers use superannuation for house deposits would inflate prices.

Shadow Minister for Foreign Affairs Penny Wong says Australia needs to focus on south-east Asia.

Albanese to take South-East Asia package to Quad meeting if Labor elected

Labor leader Anthony Albanese will bring a package of South-East Asia policies to a meeting of the Quad grouping next week if he is elected prime minister.

Resolve political monitor

Stay up to date with the latest polling

Queensland

Police have shot dead an armed man in Ipswich, south-west of Brisbane. 

Gunman shot dead by police in Ipswich after allegedly threatening officers

Police said the 27-year-old threatened officers before he was fatally shot south-west of Brisbane.

Updated
Vale

Cricket world mourns as Symonds dies in car crash

Andrew Symonds has died.

The death of Symonds near Townsville continues a tragic year for Australian cricket.

‘I hope they’re banned for life’: Minister blasts NRL Magic Round brawlers

Spectators brawl during the Broncos-Manly game of the NRL Magic Round at Suncorp Stadium in Brisbane on Friday night.

Queensland’s Police Minister has called for spectators involved in a brawl during the Broncos’ NRL Magic Round win over Manly on Friday night to be banned for life.

Bitcoin runaway Peter Foster gets bail despite six-month disappearance

Composite - Peter Foster arrested in Byron Bay in 2018.
News-SHD 08.02.09 Peter Foster with Samantha Fox
Peter Foster leaves the Downing Centre courts after a brief mention.

Last year, Foster failed to appear in a Sydney court and was found by federal police in rural Victoria six months later.

Exclusive
Floods

Brisbane residents paid $420K for ‘rigged’ flood review, councillor claims

The view over a flooded Brisbane River and Howard Smith Wharves.

Former Queensland governor Paul de Jersey was paid $220,000 for his review, and his staffer $200,000.

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Property

Alan Joyce
Exclusive
Title Deeds

Alan Joyce lands $19 million Mosman digs

Qantas jets are back in the air and the share price is slowly ticking upwards: must be time for the boss to trade up his Sydney real estate.

Auction of 54 Grose Street, North Parramatta. The property sold for $1.1 million.

How long does it take for a rate rise to hit the housing market?

Experts say the historic lag between an interest rate change and its effect on the market is shortening.

Lifestyle

Culture

Sport

‘How did that come off?’: Magic man Murray even shocked himself

‘How did that come off?’: Magic man Murray even shocked himself

North Queensland’s Murray Taulagi explains his miracle ball for the Cowboy’s first try - but rated Joseph Suaalii’s leaping try the real Magic moment.

Samu Kerevi, Quade Cooper and Marika Koroibete have agreed to join the Wallabies in July

Japan-based trio gets green light for Wallabies gold

Australia look set to avoid a repeat of last year’s fiasco with Quade Cooper, Samu Kerevi and Marika Koroibete available to face England.

Composite Trent barrett, Phil Gould, Bulldogs v Knights
Analysis
NRL 2022

‘It’s not good enough’: The point Bulldogs realised Barrett had to go

The coach’s exit came after another humiliation on the field, a frantic weekend of discussions and a phone call with club supremo Phil Gould.

Andrew Symonds with his wife Laura, son Will, and daughter Chloe

‘I wish we had one more day, one more phone call’: Symonds’ impact measured by tributes

The tributes illustrate the impact he had on those who watched him on the field, or shared their lives.

Wayne Grady and Greg Norman

‘Hang your head in shame, Shark’: Wayne Grady attacks Norman over Saudi golf

The US PGA champion and former friend of Greg Norman has been brutal in his reaction to Norman’s involvement in the rebel tour.

Phil Gould addresses the media on Monday

‘A job for an experienced man’: Gould wants veteran coach to replace Barrett

Phil Gould has spoken about Trent Barrett’s decision to quit, and why he was not fibbing when he declared his job safe just two weeks ago.

Murray Tualagi try
Analysis
NRL 2022

Wet and wild at Suncorp: Key takeouts from Magic Round in Brisbane

Everything we learned from the annual rugby league extravaganza in the Olympic city.

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