One Nation is copping heat for a proposal that would let Australians take some of the money going into their super as extra pay instead.

For up to three years, renters and mortgage holders could choose to take home a quarter of the money that would normally be put into their retirement – worth about $44 a week for someone on the average full-time wage.

At the same time, the Coalition has been looking at its own ways to give people greater access to their super now – and some of its MPs want to go further.

So why is superannuation suddenly being pitched as an answer to Australia’s cost-of-living and housing problems? And is it a good idea?

Today, economist Greg Jericho, on the growing political fight over what our super should actually be for.

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Chief economist at the Australia Institute, Greg Jericho

Photo: AAP Image/Mick Tsikas

One Nation is copping heat for a proposal that would let Australians take some of the money going into their super as extra pay instead.
For up to three years, renters and mortgage holders could choose to take home a quarter of the money that would normally be put into their retirement &ndash; worth about $44 a week for someone on the average full-time wage.
At the same time, the Coalition has been looking at its own ways to give people greater access to their super now &ndash; and some of its MPs want to go further.
So why is superannuation suddenly being pitched as an answer to Australia&rsquo;s cost-of-living and housing problems? And is it a good idea?
Today, economist Greg Jericho, on the growing political fight over what our super should actually be for.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Chief economist at the Australia Institute, Greg Jericho
Photo:&nbsp;AAP Image/Mick Tsikas

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Why are the conservative parties suddenly obsessed with super?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/3240ec65-4636-4aaa-bc8a-b4bf006d7219/transcript