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It is emerged that thousands and thousands of Australians who’ve withdrawn cash from their superannuation to assist them get via the COVID-19 crisis could also be pressured to make use of that cash first earlier than being eligible for welfare in the event that they lose their job.

The Opposition has gone on the assault in federal parliament, accusing the federal government of encouraging individuals to raid their tremendous fund, with out warning them that might disqualify them from JobSeeker funds.

Labor’s claims come because the Authorities pushes forward with its plan to increase the liquid asset ready interval from 13 to 26 weeks.

If the Authorities is profitable, it will imply individuals making use of for Jobseeker who’ve greater than $18,000, aside from a home or automobile, want to attend 26 weeks earlier than receiving any fee in the event that they grow to be unemployed.