One Nation Wants Australians to Use 3 Percent of Super to Help Pay Rent, Mortgages
Australian Bureau of Statistics figures show living costs increased across all household types in the June quarter.
TL;DR
- One Nation leader Pauline Hanson suggests allowing Australians to divert 3% of their income from retirement funds.
- The diverted funds could be used for rent or mortgage payments.
- This policy aims to alleviate current cost of living concerns.
- Australian employers currently contribute 12% of wages to superannuation, taxed at 15%.