{
  "id": 6237575,
  "title": "The ‘core’ of One Nation’s super proposal is sound, says former Grattan Institute chief John Daley",
  "url": "https://urgent.news/2026/09/08/the-core-of-one-nations-super-proposal-is-sound-says-former-grattan",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T04:25:54.000Z",
  "source": {
    "name": "The Conversation AU",
    "slug": "the-conversation-au",
    "url": "https://theconversation.com/the-core-of-one-nations-super-proposal-is-sound-says-former-grattan-institute-chief-john-daley-290825"
  },
  "original_language": "en",
  "account": "Former head of the Grattan Institute, John Daley, supports the core principle of One Nation's proposed superannuation plan, which allows people to withdraw part of their future contributions. According to Daley, the idea that people do not need to save 12% of their wages for retirement is true for the vast majority. Under the One Nation proposal, renters and mortgage holders could withdraw up to 3% of their future superannuation contributions for up to three years, without incurring a concessional tax rate. Employers would still contribute the current 12% rate. Daley believes that the 12% rate is excessive, stating that a contribution rate of around 9% would be more appropriate to achieve an adequate retirement income. However, Daley would \"part company\" with other aspects of the One Nation plan, arguing that allowing everyone to withdraw 3% at once would be inflationary. Therefore, such a change should be phased in to minimize the inflationary impact. Additionally, the money withdrawn should not receive the concessional tax treatment, as the current contribution helps reduce future government spending on the age pension.",
  "summary": "One Nation wants to allow renters and mortgage holders to withdraw some super contributions to cover daily expenses. Daley agrees with part of the idea.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}