This article implies an average 30 year old has spare cash.

I would have thought the average 30 year old is looking at raising children and paying off a mortgage.

The lack of certainty on retirement access rules on both method of payment and age of access for a 30 year old means many would not even consider the option of adding it to super.

While we all agree frittering it away on consumption is a waste of the money, the lack of access to the money when living expenses are nearing their peak mean most 30 yo's would just ignore this suggestion on denigrate it.

A better suggestion is to use it to pay off a chunk of the mortgage while rates are low or towards a home deposit.

The poorly advertised and now defunct First Home Owners Savers Accounts are sorely missed.

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