Reported at michaelwest.com.au: A coalition proposal would allow first homebuyers to access up to $50,000 from their superannuation to help purchase a home, potentially enabling them to enter the market three years earlier.

Economists have pointed out that while this may assist young families in overcoming deposit challenges, it risks long-term financial security by reducing super balances.

Housing Minister Clare O’Neil argues that the policy could inflate house prices and provide limited help to those with lower superannuation savings.