Australians are accessing their superannuation at high rates, with the money used to fund health services like dental, IVF and weight loss. 9News
are accessing their superannuation at high rates, with the money used to fund health services like dental, IVF and weight loss.
The Australian Taxation Office will let people take their money out early if they prove they can't pay a crucial cost any other way.Dentists like Dr Alex Fibishenko have told 9News that they are seeing it more and more. In just four years, the number of people using super early to pay medical costs has jumped from fewer than 23,000 to more than 30,000 per year.Xavier O'Halloran, director at Super Consumers Australia, said people needed to be "really careful" when accessing their super early.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The shiny kitchen benchtops killing young AustraliansKen Parker was a model worker, smashing out 40 benchtops a day. Now he just hopes to live long enough to see his daughter turn 18. Ken, and others like him, have silicosis, acquired from inhaling dust from the cutting of engineered stone.
Read more »
The shiny kitchen benchtops killing young AustraliansKen Parker was a model worker, smashing out 40 benchtops a day. Now he just hopes to live long enough to see his daughter turn 18. Ken, and others like him, have silicosis, acquired from inhaling dust from the cutting of engineered stone.
Read more »
The shiny kitchen benchtops killing young AustraliansKen Parker was a model worker, smashing out 40 benchtops a day. Now he just hopes to live long enough to see his daughter turn 18. Ken, and others like him, have silicosis, acquired from inhaling dust from the cutting of engineered stone.
Read more »
Beaches closed after shark sighting in VictoriaA shark sighting forced the closure of several beaches in Victoria&x27;s Port Phillip Bay.
Read more »
We must expose Voice's existential threat to Australia to win debateIf the Voice is established, the moderates who seek reconciliation will risk losing control of our heritage to the radicals who seek decolonisation, writes Dr. Sherry Sufi.
Read more »