NASFund, a major Papua New Guinea superannuation fund, is encouraging caution among members considering first-time home loans through its Housing Advance Scheme. Chief Finance Officer Debbie Oli highlighted the need for greater understanding of the scheme’s terms and conditions. Simultaneously, NASFund is actively lobbying for legislative amendments to ease restrictions on members’ access to their superannuation funds for homeownership. The fund believes current regulations limit members’ ability to utilize their savings for this purpose. These proposed changes aim to facilitate greater access to homeownership opportunities for NASFund members. The call for caution and push for reform reflect NASFund’s commitment to balancing responsible lending with member benefits. Further details about the scheme are available through NASFund channels.