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17 August 2020 • By Sarah Simpkins • 1 min read

Early super bill to top $100bn: BetaShares

The withdrawals under the early super release scheme are set to cost the Australian government and taxpayers between $100 billion to $130 billion in ...

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War of words erupts over early super spending boom

New data shows early super is being spent on alcohol and restaurant dinners – but senator Jane Hume has called the findings into question

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ScoMo opens door to super freeze

Prime Minister Scott Morrison has flagged the possibility of freezing the legislated super guarantee increase amid concern that it would hit jobs and ...

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ATO initiates phase two of early super audit 

The Tax Office has said it has commenced its second pilot seeking to hunt out individuals rorting the early super release scheme. The ATO ...

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Funds weren't consulted on early super extension

Treasury has revealed it did not float the three-month early release extension past the superannuation sector before it made the call.  Speaking to ...

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Super increase will hit wage growth: Lowe

RBA Governor Philip Lowe has warned that the legislated super increase will hit wage growth, but that Australians need to weigh the trade-off between ...

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Stop tinkering with policy, super funds warn government

An industry body has pushed for stability in superannuation legislation, cautioning further changes to policy and regulation could lower member ...

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Super funds claw back losses

Superannuation funds are close to recouping their COVID-19 losses, but face “stark uncertainty” as Australian cases continue to rise

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Labor warns young people’s losses through early super could top $51bn

Australians under the age of 35 have been forecast to lose out on $51 billion in retirement due to the early super scheme, according to new modelling ...

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Grattan is ‘out of touch’

Industry Super Australia (ISA) has slammed the Grattan Institute’s early super research as “highly questionable” and warned of a “bleak outcome” for ...

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