One Nation Wants Australians to Use 3 Percent of Super to Help Pay Rent, Mortgages

One Nation leader Pauline Hanson has proposed a policy allowing Australians to divert three percent of their income from retirement funds to pay rent or mortgage payments. This initiative aims to address current cost of living concerns. Currently, employers contribute 12 percent of a worker’s wages to superannuation, taxed at 15 percent.

• 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%.