In the news report, ”Withdrawing super for first home a very good investment, says Bernie Fraser”, by economics correspondent Jennifer Duke, the former Reserve Bank governor said he saw a good case for enabling low-income workers to withdraw some of their super to buy a home.
Fraser, also a former director of several large industry super funds, said there should be limits on the amount that could be withdrawn for a deposit but he was not convinced there would be so much demand it would lead…
