Early superannuation scheme a ‘burden on future economy’

Labor leader Anthony Albanese has again taken aim at the government over its early superannuation scheme. Mr Albanese said the scheme – which allows eligible citizens to apply for up to $10,000 from their superannuation – was threatening Australia’s future economy. “Australians who are struggling have taken $13.2 billion out of their own superannuation accounts,” he said. “That means they have less in their retirement savings. It also means the cost to the future economy, the burden which is there on retirement, will be greater on Australians and on our national economy." Image: News Corp Australia Via news.com.au — Australia’s #1 news site https://www.news.com.au