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3 million Aussies could be given $5,000 to buy shares – Motley Fool Australia

Government urged to help vulnerable Australians who accessed early superannuation during the COVID-19 crisis.

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A superannuation industry body has called on the government to grant a one-off investment handout to those most affected by the COVID-19 recession.
The Australian Institute of Superannuation Trustees (AIST) has proposed to Treasury that a payment of up to $5,000 should be considered for Australians who withdrew their super early this year due to financial hardship.
The 3 million distressed Australians who had accessed their super early were already behind in their retirement savings, according…

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