Story perspectives
One Nation proposes 25% super withdrawals for up to three years
By Drooid · · How we work
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Story summary
- One Nation proposes renters and mortgage payers withdraw 25% of compulsory super for up to three years.
- Party leader Pauline Hanson says the measure would give people breathing room amid cost-of-living pressures.
- Economists warn the withdrawal could stoke inflation and raise interest rates, worsening the cost-of-living crunch.
- Critics argue the plan would cut future retirement incomes while Australia’s super pool totals $4.8 trillion, projected $8 trillion by decade’s end.
