housing

Hedge Funds

Housing: super’s next frontier

Joe Hockey’s proposal on housing is politically popular and the industry shouldn’t “kid itself” about this warned Nick Sherry, senior advisor of superannuation and pensions at Citi and former superannuation minister. One of the few asset classes in Australia that has not been commoditised by the funds management industry is residential housing, and if funds […]
Policy and Regulation

Bowen slams Hockey’s proposal

Removing savings from superannuation accounts to buy housing will be “disastrous”, the shadow treasurer said. Chris Bowen slammed treasurer Joe Hockey’s “thought bubble” that superannuation money could be used to help first time buyers get onto the property ladder or retrain, describing the proposal as “ridiculous” and “disappointing” at the Centre for International Finance and […]