The government’s early release superannuation scheme has been embraced a little too eagerly, presenting problems for the sector, while tourism may be back -- but only if you’re happy to travel from NSW or Victoria to New Zealand. Crikey takes a look at the latest virus news from around the country.
The Morrison government’s scheme to allow people to withdraw up to $20,000 from their superannuation account has presented a new set of challenges, with some running their accounts dry to stay afloat during the COVID-19 crisis.
One-third of people accessing their nest eggs early were nearly half a million under-30s. The single largest group was between 30 and 36.