Labor has slammed the governments early super access scheme after new research showed a massive jump in gambling expenditure by people taking advantage of it.
Shadow Assistant Treasurer Stephen Jones said: Today we learn that one in 10 dollars that has been provided through the governments early access to super scheme has been spent on online gambling.
Labor was reluctant to agree to this scheme in the first place because we were concerned that it was going to be open to abuse.
Mr Jones said the early withdrawal scheme, allowing people to withdraw up to $20,000 in two tranches by September, was problematic because it was automated and didnt explore members personal situations.
As a result, it had similar issues to the Coalitions contro…
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