Crypto’s pension push, house prices climb, deportation deal: Australia Briefing

Good morning and welcome back, it’s Ainsley here with all the news you need to start your working week.

Today’s must-reads:
• Crypto finds a gateway into pensions
• Home prices climb for seventh month
• Government defends deportation deal

Coinbase Global and OKX, two of the largest digital-asset exchanges, are rolling out products aimed at steering Australia’s pension money into cryptocurrencies. The initial focus is self-managed superannuation funds, or SMSFs, which already make up about a quarter of Australia’s pension pool. Coinbase is nearing the launch of a dedicated SMSF service, with more than 500 investors on its waiting list. OKX launched a similar product in June, and demand has exceeded expectations.