Shane Oliver(@ShaneOliverAMP):This may sound nice but: * For a 30yr old would mean ~$91k less at retirement * Would only cover ~12 wks of rents * Can already take out $10k for hardship anyway * Would only cover ~1.8mths of mort payments * Would drive higher home prices if for deposits

Shane Oliver

@ShaneOliverAMP

Head of Inv Strategy & Chief Economist, AMP. Into boats, pop music, economics, investing, my family..& being nice. I don’t solicit funds/spruik trading schemes

Joined July 2011

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Shane Oliver@ShaneOliverAMP

2026.09.07 05:04

This may sound nice but: * For a 30yr old would mean ~$91k less at retirement * Would only cover ~12 wks of rents * Can already take out $10k for hardship anyway * Would only cover ~1.8mths of mort payments * Would drive higher home prices if for deposits