Pitch Engine
The Property Pack

.

How super could soften the financial blow of coronavirus

  • Written by Kevin Davis, Professor of Finance, University of Melbourne
How super could soften the financial blow of coronavirusShutterstock

With Australia now facing a severe economic (and health) crisis, there are calls to allow people to access their superannuation to obtain cash.

That makes a lot of sense. Why have assets tied up to get a slightly better retirement outcome if the misery of current life can be softened by accessing those assets now?

But allowing that...

Read more: How super could soften the financial blow of coronavirus

More Articles ...

  1. Get dressed and set goals: some routines not to break if coronavirus means you have to work from home
  2. Desperately seeking toilet paper, pasta or hand sanitiser? Some relief is just weeks away
  3. Here's a bright idea should schools have to close: enlist childcare workers as nannies for health workers
  4. The end of global travel as we know it: an opportunity for sustainable tourism
  5. 'Yield curve control': the Reserve Bank's plan for when cash rate cuts no longer work
  6. Why NZ's tough coronavirus travel rules are crucial to protecting lives at home and across the Pacific
  7. The real economic victims of coronavirus are those we can't see
  8. Reserve Bank and government prepare fresh emergency measures as markets tumble
  9. This coronavirus share market crash is unlike those that have gone before it
  10. How will coronavirus affect property prices?
  11. Morrison, compassion and coronavirus: when crisis refines leadership
  12. Snakes make good food. Banning farms won't help the fight against coronavirus
  13. Morrison's coronavirus package is a good start, but he'll probably have to spend more
  14. Grattan on Friday: Will many people be too worried to spend the cash splashed their way?
  15. The coronavirus stimulus program is Labor's in disguise, as it should be
  16. Cash handout of $750 for 6.5 million pensioners and others receiving government payments
  17. Big stimulus package to splash cash, including $25,000 to small and medium-sized businesses
  18. Most couples are less satisfied when the woman earns more
  19. When it comes to sick leave, we're not much better prepared for coronavirus than the US
  20. Coronavirus could spark a revolution in working from home. Are we ready?
  21. Next time, we've got to handle emergency donations better
  22. A toilet paper run is like a bank run. The economic fixes are about the same
  23. Grattan on Friday: Can Scott Morrison match Kevin Rudd in keeping Australia out of recession in a global crisis?
  24. Economic growth near an end as Treasury talks of prolonged coronavirus downturn
  25. Support package gains shape as GDP turning point swamped
  26. NZ's fossil fuel investment ban for popular KiwiSaver funds is more political than ethical
  27. Today's GDP figures won't tell us whether life is getting better -- here's what can
  28. One word repeated 9 times explains why the Reserve Bank cut: it's ‘coronavirus’
  29. The first economic modelling of coronavirus scenarios is grim for Australia, the world
  30. We're staring down the barrel of a technical recession as the coronavirus enters a new and dangerous phase
  31. Forget more compulsory super: here are 5 ways to actually boost retirement incomes
  32. Vital Signs: a 3-point plan to reach net-zero emissions by 2050
  33. Requiring firms to only sell financial products we can use is good, but not enough
  34. Natural disasters increase inequality. Recovery funding may make things worse
  35. Diversity quotas will only lead to token appointments, doing more harm than good
  36. 'I don't want anybody to see me using it': cashless welfare cards do more harm than good
  37. The jobs market is nowhere near as good as you've heard, and it's changing us
  38. This time is different: Australia's tourist numbers may take years to recover
  39. Labor is right to talk about well-being, but it depends on where you live
  40. Holden's dead end shows government policy should have taken a different road
  41. Coronavirus is killing Australia's lobster export market
  42. Why Australians fell out of love with Holdens
  43. Our trade talks with Europe and Britain are set to become climate talks
  44. In the midst of an LNG export boom, why are we getting so little for our gas?
  45. Vital Signs: a connected world makes this coronavirus scarier, but also helps us deal with it
  46. We depend so much more on Chinese travellers now. That makes the impact of this coronavirus novel
  47. Go local: how to keep the power on when disaster hits
  48. All these celebrity restaurant wage-theft scandals point to an industry norm
  49. Whitlam didn't really end our old honours system. We're still handing Orders of Australia to the wrong people
  50. Here's a radical reform that could keep super and pay every retiree the full pension