1 00:00:00,920 --> 00:00:02,400 Speaker 1: This is jam nation with. 2 00:00:02,520 --> 00:00:05,840 Speaker 2: Jonesy and man down to the Jonesy no matter of 3 00:00:05,920 --> 00:00:08,319 Speaker 2: arms for the pub test. Dipping into your super to 4 00:00:08,360 --> 00:00:10,400 Speaker 2: buy a house? Does this pass the pub test? 5 00:00:10,480 --> 00:00:12,520 Speaker 3: This is one of the things that has been put 6 00:00:12,560 --> 00:00:15,800 Speaker 3: forward by the Coalition yesterday if they win the election, 7 00:00:16,320 --> 00:00:18,960 Speaker 3: the Super home Buyer scheme. First time home buyers will 8 00:00:18,960 --> 00:00:20,520 Speaker 3: be able to invest up to forty percent of their 9 00:00:20,520 --> 00:00:23,320 Speaker 3: superannuation up to fifty thousand dollars to help with the 10 00:00:23,360 --> 00:00:26,079 Speaker 3: purchase of their first home. So this would help you 11 00:00:26,120 --> 00:00:30,160 Speaker 3: obviously get your deposit together, etc. Opponents to this scheme 12 00:00:30,560 --> 00:00:32,800 Speaker 3: are saying, well, what's going to happen when you retire 13 00:00:34,320 --> 00:00:36,400 Speaker 3: and super funds won't be able to invest your money 14 00:00:36,400 --> 00:00:38,280 Speaker 3: long term because everyone would have to have access to 15 00:00:38,320 --> 00:00:39,040 Speaker 3: it much earlier. 16 00:00:39,680 --> 00:00:40,319 Speaker 4: So what do you. 17 00:00:40,320 --> 00:00:42,360 Speaker 3: Think dipping into your super to buy a house? Is 18 00:00:42,400 --> 00:00:43,240 Speaker 3: it past the pub test? 19 00:00:43,400 --> 00:00:46,400 Speaker 5: So there's many different reasons that people can access their super, 20 00:00:46,400 --> 00:00:50,000 Speaker 5: emergency access and things like that. However, the recent thing 21 00:00:50,000 --> 00:00:53,479 Speaker 5: that's been announced as part of the election campaign is 22 00:00:53,560 --> 00:00:55,520 Speaker 5: nothing purely going a vote robe. 23 00:00:55,760 --> 00:00:57,680 Speaker 1: In my opinion, it should never. 24 00:00:57,560 --> 00:00:59,880 Speaker 5: Be accessed for that sort of reason. It's for your 25 00:01:00,080 --> 00:01:03,280 Speaker 5: tirement and that should be I'm trying to access wise 26 00:01:03,360 --> 00:01:05,559 Speaker 5: to put through IDs. 27 00:01:05,680 --> 00:01:08,240 Speaker 1: It has been weird, but I always trying for that. 28 00:01:08,319 --> 00:01:09,839 Speaker 6: But I think it's a good idea for their. 29 00:01:10,000 --> 00:01:13,720 Speaker 1: Howat is that that super scheme is based on the 30 00:01:13,720 --> 00:01:16,000 Speaker 1: premise that when you retire you own your own home. 31 00:01:16,560 --> 00:01:18,840 Speaker 1: The stadi it is that most people won't own our 32 00:01:18,840 --> 00:01:21,280 Speaker 1: home when they retire, and I'll still be renting. So 33 00:01:21,680 --> 00:01:23,759 Speaker 1: how long is that super a bit expected to last? 34 00:01:23,920 --> 00:01:25,800 Speaker 1: The people are going to be paying the Wilbert amounts 35 00:01:25,800 --> 00:01:28,280 Speaker 1: of money for rent of coross the wedding and they're 36 00:01:28,319 --> 00:01:29,600 Speaker 1: not working for the weeks upcoming you. 37 00:01:29,840 --> 00:01:32,080 Speaker 6: Yes, I think it does. I think it'll think we 38 00:01:32,200 --> 00:01:36,240 Speaker 6: forces a forced stailing. But also it includes both partners. 39 00:01:36,480 --> 00:01:40,000 Speaker 6: The women aren't prejudiced against because both partners, if they 40 00:01:40,040 --> 00:01:44,880 Speaker 6: fit the criteria, are included in the in the system still. 41 00:01:44,640 --> 00:01:46,480 Speaker 4: Can't afford in their own home, and the way the 42 00:01:46,560 --> 00:01:49,040 Speaker 4: gament case putting their retire on those bag. No one's 43 00:01:49,040 --> 00:01:51,480 Speaker 4: going to live long enough to retire anyway, so let 44 00:01:51,560 --> 00:01:52,040 Speaker 4: them use it. 45 00:01:52,080 --> 00:01:54,760 Speaker 6: Now that's true, we'll be working to wear eighty. 46 00:01:54,760 --> 00:01:57,280 Speaker 3: Yeah, well, interesting variety of opinions. 47 00:01:57,280 --> 00:02:01,000 Speaker 2: Then we'll be like Lawsy, he's retired now he's working 48 00:02:01,200 --> 00:02:01,800 Speaker 2: on two s M. 49 00:02:01,880 --> 00:02:02,520 Speaker 4: He's retired. 50 00:02:03,720 --> 00:02:05,400 Speaker 3: He used to dream of working on two s M. 51 00:02:05,480 --> 00:02:06,480 Speaker 4: We all my dream. 52 00:02:06,560 --> 00:02:07,120 Speaker 1: I want to work. 53 00:02:08,000 --> 00:02:10,440 Speaker 2: Yeah, that's why I got into this business.