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Mortgages could eat up superannuation in future, report warns

A view of residential Sydney (AAP)

A view of residential Sydney (AAP) Source: A view of residential Sydney (AAP)

A new report has warned pensioners could become the next victims of Australia's housing-affordability crisis. Soaring real-estate costs are increasingly taking up more of people's superannuation savings, forcing some retirees to rely on welfare. Gareth Boreham reports.


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By Gareth Boreham, Lucy Chen

Source: SBS



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A new report has warned pensioners could become the next victims of Australia's housing-affordability crisis. Soaring real-estate costs are increasingly taking up more of people's superannuation savings, forcing some retirees to rely on welfare. Gareth Boreham reports.



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