General
Government dumps plan to allow domestic violence victims to withdraw superannuation
A controversial plan to allow domestic violence survivors fleeing abusive relationships to access thousands of dollars from their superannuation accounts is no longer federal government policy.
Key points:
- Critics of the proposal said abuse victims should not have to fund their escapes from dangerous situations
- Minister for Superannuation Jane Hume said the plan would be dropped if their were no safeguards
- Minister for Women Marise Payne told Senate estimates the government was no longer going ahead with the proposal
The measure was first floated in 2018 as part of a suite of proposals aimed at helping women during relationship breakdowns.
Women would have been allowed to withdraw up to $10,000 from their superannuation accounts under the…
Continue Reading
-
Business15 hours ago3 US dividend stocks that can boost an ASX retirement portfolio
-
General18 hours agoPope Leo XIV urges Hollywood actors to resist algorithms and save neighbourhood cinemas
-
Business16 hours agoNvidia’s quiet move into quantum computing could reshape the next frontier of AI
-
General24 hours agoFoodies fret as Trump moves to make pasta great again