Why an arch-conservative is backing Labor’s super borrowing crackdown (opens original article in a new tab)

The Labor-Greens deal to ban self-managed superannuation funds from borrowing to buy property was initiated by a 2014 recommendation from a former CBA CEO under the Liberal government, with support from an arch-conservative.

• The Labor-Greens deal bans self-managed super funds from borrowing to buy residential property
• The ban was proposed by David Murray in a 2014 inquiry for the Liberal government
• An arch-conservative supports the crackdown