Great article Glenn. It is often forgotten that super isn't just about you, it is also about reducing your dependence on future taxpayers.

Ah yes, but the politicians don't need to worry about that Jonathan. They'll have retired long before people realise the error.

Thanks Jonathan for the feedback. And yes - there are a number of things about this whole early release scheme that are concerning. Hard to argue against the people who need to use the cash for their day-to-day living after losing work; but when gambling shows up so highly as one of the biggest areas where the released super has been used then that's a huge problem!

An excellent article. Unfortunately the pandemic has resulted in unprecedented action to meet the challenges faced today. The early release of superannuation is well intentioned but what your article highlights is that some people have abused it. There is no doubt that this abuse could have an adverse effect on future government assistance for pensions assuming that the pension scheme still exists.

An excellent article. Unfortunately the pandemic has resulted in unprecedented action to meet the challenges faced today. The early release of superannuation is well intentioned but what your article highlights is that some people have abused it. There is no doubt that this abuse could have an adverse effect on future government assistance for pensions assuming that the pension scheme still exists.

And retired on the best superannuation scheme that money(Taxpayers) can (will) buy.(Legislated on a show of hands(everybodies)).

following on from this eligibility for pension especially will be much harder, considering the huge covid debt to be paid.