‘Wiped out’: Acts of desperation hit super balances

New figures have revealed Queenslanders have made up 25 per cent of approved applicants under the government’s early access to superannuation scheme, which was introduced in response to COVID-19. The scheme, which allows people who have lost hours or employment to access up to $10,000 from their super, has raised fears from some experts that young Queenslanders could be worse off in retirement. Griffith University Business School Lecturer Di Johnson said many Queenslanders would have “completely…



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