One Nation’s super idea should be retired early

September 9, 2026 — 5:00am

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One Nation released its policy – if that’s not too strong a word – on superannuation over the weekend.

The party’s leader, Pauline Hanson, and its treasury spokesman, Barnaby Joyce, declared they want to give renters and people with mortgages the option of withdrawing a quarter of their super contributions as a tax-advantaged 3 per cent pay boost for up to three years.

The party says, as an example, a worker earning about $90,500, would be able to avail themselves of $2300 a year after tax, or $44 a week. For a couple earning $168,000 between them, it would be about $4300 a year after tax. There would be no threshold to apply.

The superannuation sector is worth $4.5 trillion. It is the largest source of private cash savings in Australia and both Hanson and Joyce in the past two days have made much of the mantra that “it’s your money”, not your super fund’s or the government’s.

The party’s........

© The Age