Retirement savings to be ‘decimated’ under early access
WORKERS being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson. The One Nation leader has called for a relaxation of rules that would allow people to withdraw their super in times of crisis to help with the cost of living, labelling the system as it stands as broken. Currently, super can only be accessed in limited circumstances, such as stopping the foreclosure of a home, a terminal medical condition or severe financial hardship. But Treasurer Jim Chalmers said expanding access for when peo