From smcaustralia.com: A new study by Professor Chris Leishman from the University of South Australia finds that allowing first home buyers to withdraw superannuation for house deposits could increase house prices by 7.4% to 10.3%.

This means higher median prices across major cities and additional mortgage costs for buyers.

The Super Members Council warns that this policy would exacerbate housing affordability issues and worsen financial stress for young Australians, as international examples show similar results.

Economists largely agree that other policy solutions are needed to address the housing crisis rather than enabling super withdrawals for home purchases.