Nationals leader welcomes introduction of bill experts call hurtful and misleading. Follow today’s news liveGet our breaking news email, free app or daily news podcastHume says housing the ‘best indicator of economic security’ in retirement over superThe deputy Liberal leader, Jane Hume says the Coalition will reconsider whether Australians should be able to access more of their superannuation balance early after Pauline Hanson called on Sunday for super rules to be “lightened up a bit” and allow workers to their money in times of crisis.It’s something that we will obviously consider as part of our normal processes, that’s not a policy that’s come to our shadow cabinet yet, but of course, it’s something that we would consider.I do think that superannuation is highly valued by Australians, it’s not something that you need in your working life, it’s something you need in your retired life.If you put the Productivity Commission report into any pub across Australia, people read it from cover to cover, [they] all say the system currently is unfair.
We’re paying more for it than we were told it would cost. We’re using scarce income tax dollars to prop up a state that doesn’t need it.This is a deal that doesn’t make any other state worse off, makes sure that there’s the right incentives to deliver productivity and economic growth.
And also helps the federal budget bottom line by making sure that we can continue to deliver the royalties and the company tax in particular.WA has a significant re.We have a pretty significant re. And if the logic that WA is arguing for is to apply across the board, then every other state that’s either developing those re.
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