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One Nation proposes redirecting part of super contributions to raise renters' income

One Nation unveiled a policy allowing renters or mortgage payers to divert 3% of their compulsory super contributions into a taxed income boost for up to three years.

In a new policy announcement, One one outlet suggested that Australians who are paying rent or a mortgage could choose to have a portion of their compulsory superannuation contributions redirected to their pay. Under the plan, employers would still remit the full 12% super contribution, but 3% would be paid straight to the employee, subject to the 15% concessional tax rate rather than personal income tax. The scheme is limited to future contributions and would be available for a maximum of three years, leaving the remaining 9% to continue building retirement savings.

Pauline Hanson said the initiative aims to provide “breathing room” for families facing rising living costs. The proposal does not affect existing super balances and is positioned as a short-term relief measure amid broader economic pressures.

Why it matters

It could alter retirement savings structures while offering immediate financial relief to households struggling with housing costs.

In this story

superannuationrentersmortgageincome boosttaxed contributionscost of livingpolicy proposal
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