Former financial advisor and host of 'The Financial Bloke' podcast, Ben Law, spoke to Tammy Barker & Bodge on Triple M Cairns Wednesday morning, after an announcement by Prime Minister Scott Morrison earlier in the week, stating that first home buyers could dip into their superannuation for a house deposit.
"Really low interest rates have hurt first homers is because it's pushed the value of houses up," Ben said.
"There's a whole lot of things the government can do to try and bring down the cost of houses or at least stabilise them a little bit for first home owners other than raiding the future piggy banks of the young people and, what I worry about with this, is this is potentially fixing a problem for some people at the moment but it's potentially kicking the problem or kicking the can down the road to retirement."
Hear the full chat below.