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One Nation Wants to Let Struggling Australians Access Super Early
The party says early access would help cash-strapped households afford essentials, while the federal government says retirement savings should stay locked away.
- On Sunday, One Nation leader Pauline Hanson labelled the superannuation scheme "broken" and called for early access to retirement savings for Australians struggling with cost-of-living pressures.
- One Nation MP Barnaby Joyce defended the proposal, arguing that citizens at risk of homelessness should access their own savings: "I think one of the hardships people have is if they can't feed themselves."
- Prime Minister Anthony Albanese attacked the policy on Monday, accusing One Nation and the Coalition of seeking to "decimate universal super" and threatening Australians' financial future.
- The Super Members Council warned that winding back compulsory retirement savings would make Australians poorer and push more retirees onto the aged pension, driving up future taxes.
- Past Coalition policies supported early access for first home buyers, while Liberal colleague Andrew Bragg previously described compulsory superannuation as "one of the biggest public policy failures since federation.
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13 Articles
13 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
One Nation calls for super changes
One Nation is calling for changes to superannuation to help Australians struggling with cost of living.
·North Sydney, Australia
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‘Sick, dying’: Barnaby Joyce joins calls for a dramatic expansion of reasons to raid superannuation
Barnaby Joyce has called for workers to be able to cash in their super “if they can’t feed themselves” instead of needing to be sick or dying to raid their retirement savings.
·Surry Hills, Australia
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Coverage Details
Total News Sources13
Leaning Left5Leaning Right3Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 20%
R 30%
Factuality
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