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The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
Three Recent ABC News (Australia) Stories:
Almost a million and a half people have taken up the option of dipping into their super to help them survive the coronavirus shutdown, with the total withdrawal amount totaling more than $11 billion.
For many young people the money is a lifeline to help them bridge a financial gap they’d otherwise fall into, but financial advisors warn it will cost them dearly later in life.
Read more here:
Coronavirus financial concerns have young people accessing their superannuation – https://www.abc.net.au/news/2020-05-25/coronavirus-early-access-superannuation-young-people/12282546
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