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Nicole Pedersen-McKinnon Money contributor November 1, 2025 — 5.01am

Hi Nicole, I have a friend who gave me an intriguing idea: contribute to your underage child’s super so they can withdraw it sooner than age 60 and use it as a house deposit, under the super for a house deposit scheme. It seems like a great way to help them get on the property ladder, given that super earnings are only taxed at 15 per cent and that you can now withdraw some for a deposit. I understand that parents can pay in on behalf of their kids, no problem. Have we found a loophole to give our kids a (cheaper) leg up onto the housing ladder? Ben

It’s not quite as you describe it, Ben. But your idea is not without merit. There are two opportunities in play here. The fir

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