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

Angus Taylor, a senior member of the Liberal Party, has distanced himself from a proposal by Andrew Bragg to allow Australians to use their superannuation savings as collateral for a mortgage. This idea involves using retirement savings to secure a loan for first-time homebuyers. The proposal could potentially make it easier for people to buy their first home, but it also raises concerns about the security of retirement savings.

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The opposition leader has clarified that the proposal is not their policy. This means that there will be no change to the current policy.

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