Impact of super for housing on Commonwealth rent assistance

Summary of proposal

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalition’s proposed super for housing policy. The super for housing policy was described in the Coalition’s 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 35-45-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

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Impact of super for housing on Commonwealth rent assistance

Summary of proposal

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalition’s proposed super for housing policy. The super for housing policy was described in the Coalition’s 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 35-45-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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Impact of super for housing on Commonwealth Rent Assistance

Summary of proposal

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalitions’ proposed super for housing policy. The super for housing policy was described in the Coalitions’ 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 38-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

Read more

Impact of super for housing on Commonwealth Rent Assistance

Summary of proposal

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalitions’ proposed super for housing policy. The super for housing policy was described in the Coalitions’ 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 38-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

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Public property developer

Summary of proposal

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

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Public property developer

Summary of proposal

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

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Public property developer

Summary of proposal

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

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