11/09/2026
If someone handed you an extra $44 a week, what would it actually fix?
That's the question sitting under One Nation's super proposal, and it's the one I keep coming back to.
The idea: if you're paying rent or a mortgage, your fund gives you 3% of your super contributions as cash instead of putting it away. Up to three years. Your existing balance isn't touched and your employer still pays the full 12%.
On $90,500 a year, that's about $2,300. Around $44 a week.
Now the other end of it. AMP modelled a 30-year-old earning $108,000. They'd take home $8,557 over the three years and retire with about $91,000 less.
So. Is $44 a week enough to actually change your situation? Not take the edge off. Change it.
Because if it isn't, that's a very big price for a small amount of relief.
And I want to be fair here, because I know how this sounds from someone who works in financial services. For some women $44 a week is the difference between covering the rent and not. I grew up in a house where it would have mattered enormously. I'm not going to pretend it's nothing.
But $8,557 spread over three years works out to roughly twelve weeks of median rent. It's a bridge, and a short one, and you're paying for it with about eleven times as much later.
None of this is law yet. It's an announcement, not a bill. Which makes right now a good time to think about it, rather than in a hurry when there's a form in front of you. โ
Sources: AMP modelling and figures reported by The Senior, 7 September 2026. ABC News, 7 September 2026.
General info only, not personal advice. Your situation is yours, so have a chat with a licensed financial adviser about it.