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	Podcast:		Please Explain
	Episode:		Will the government's new policy raise house prices?
	Category:		News & Politics
	Duration:		00:15:18
	Publish Date:		2022-05-17 04:12:27
	Description:		Over the weekend, the Coalition unveiled its last major piece of election policy, promising a new housing scheme to allow first time home buyers to access up to $50,000 of their superannuation for a deposit. The policy is in stark contrast to the Labor party’s shared equity housing scheme, with Prime Minister Scott Morrison touting it as a game-changer that would provide more choice for new homeowners. However, the government’s proposition has already hit a snag, with Coalition minister Jane Hume admitting it would further drive up house prices, and super funds warning it could reduce investment returns. Today on Please Explain, senior economics correspondent Shane Wright joins Dominic Powell to discuss the policy and what impact it might have. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information.
	Total Play:		0