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How we dipped into our super during COVID
Description
Last year in the pandemic a lot of people withdrew their superannuation under the Early Release Scheme. For many, it was a lifeline to cover food, rent and pay down debt in case things got worse. For others, it was about replacing an ageing car, or trying to save or even start a business. And surprise, surprise, overall it's worked out worse for women than for men. Plus, cuckoo smurfing — what it is, how to spot it, how to make sure it doesn't happen to you.
Guests:
Shane Oliver, Chief Economist, AMP Capital
Melissa Birks, General Manager, Advocacy, The Australian Institute of Superannuation Trustees
Gillian Kilgour, MetalSmiths Jewellery Collective
Tamika Hicks, Manager and Founder, Cardinia lakes Early Learning Centre
Marcus Erikson, Director of Intelligence, AUSTRAC