Business
‘People need access to their money’: Frydenberg defends super access – The Australian Financial Review
The Treasurer has hit back at Labor’s criticism of the early release of retirement savings, saying the opposition needs to get real.
Mr Frydenberg said Labor’s criticism of the scheme was “bizarre”, given the opposition had voted to extend access rules in Parliament.
“They need to get real,” he said. “This is about giving people access to their own money, and people need access to their own money at times of hardship.
“Superannuation doesn’t belong to the government and it doesn’t belong to the superannuation fund managers. It belongs to the Australian people.
“We’re going through a once-in-a-century pandemic.”
He said su…
-
Noosa News24 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU
-
Noosa News24 hours agoMan stabbed in physical altercation on the Sunshine Coast
-
Noosa News22 hours agoFrench women charged with smuggling $29m of meth into Australia
-
General20 hours agoAlgal bloom ‘disaster’ prompts royal commission call as impact spreads to mussel farms