Senate debates

Wednesday, 26 August 2020

Motions

Superannuation

3:57 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Assistant Minister for Forestry and Fisheries) Share this | Hansard source

Early access to super, in addition to the government's $314 billion economic response to the coronavirus, has been a lifeline for millions of Australians. Data from the ABS and from banks has shown that, overwhelmingly, those who have accessed their super have used it to pay down bills, personal loans, car loans and mortgages and to put food on the table. It's enabled families to build financial resilience during a once-in-100-years global pandemic.

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