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Coalition front bencher David Littleproud has defended Scott Morrison’s new home ownership plan that would allow first-home buyers to invest part of their superannuation.
Labor has insisted the policy unveiled by the Prime Minister yesterday at the Liberal Party campaign launch would drive up prices. Former Labor PM Paul Keating, the architect of compulsory super payment, was among the fiercest critics.
But Littleproud told Today this morning the plan was a “modern solution for a modern problem”.
“This is what good governments should do, move and evolve with society not get ham strung with what happened 30, 40 years ago.
“That’s a legacy Paul Keating wants to hold onto. Those angry men of the past should step aside … let the next generation face up to modern problems.”
Littlepround said the success of the plan would depend on state governments working with the Commonwealth to make more housing supply available.
