Statement From Senator Pauline Hanson On Superannuation
MEDIA RELEASE
One Nation leader Pauline Hanson has indicated she will support the 0.5% increase to superannuation in July 2021 but is calling on Treasurer, Josh Frydenberg to clarify the purpose of Australia’s multi-trillion dollar retirement fund.
Senator Hanson said, “If the purpose of superannuation today is to increasingly fund caravan and land cruiser sales, it’s succeeding.”
“But if it’s the purpose of superannuation is to give workers of today a better, self-funded lifestyle in their twilight years without taking a taxpayer-funded pension, it’s failing.”
“I think a growing number of Australian’s have forgotten what superannuation is there for.”
“While the money belongs to the employee, it wasn’t designed to be cashed out as a lump sum and blown, only to leave a person on a government pension for the rest of their lives.”
“People should not be encouraged to squander their superannuation. It defeats the purpose of the scheme.”
“If we don’t re-clarify the purpose of superannuation now, we might as well just give these increases to people through their pay packets.”
