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Mortgages could eat up superannuation in future, report warns

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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. Image: A view of residential Sydney (AAP)


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Updated

By Gareth Boreham

Presented by Maridel Martinez

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. Image: A view of residential Sydney (AAP)



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