Labor thinks it can win elections defending super. For Hanson, it’s just another way to deprive Taylor of political oxygen

The One Nation leader, Pauline Hanson, insisted Australians should be able to use their savings in times of financial distress. Photograph: David Crosling/AAP View image in fullscreen The One Nation leader, Pauline Hanson, insisted Australians should be able to use their savings in times of financial distress. Photograph: David Crosling/AAP Analysis Labor thinks it can win elections defending super. For Hanson, it’s just another way to deprive Taylor of political oxygen Tom McIlroy Despite leading in the polls, Hanson is allowed to offer thought bubbles instead of actual policy Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast All sides of politics are feeling the heat from Pauline Hanson. On Tuesday, the One Nation leader pulled the rug out from under the Coalition by announcing a policy to slash tobacco excise by 75%, to deal with surging illegal sales. The policy was remarkably similar to one Liberals and Nationals have been discussing for months. And Labor, after taking up a fight on Hanson’s weekend comments on superannuation, received some unsolicited social media feedback. Hanson accused the treasurer, Jim Chalmers, of being “full of shit” for claiming One Nation wanted to scrap Australia’s retirement savings scheme in a fundraising pitch to Labor members. Hanson insisted Australians should be able to use their savings in times of financial distress. “Labor would rather you end up homeless,” she wrote. The renewed debate on superannuation was sparked by a speech from Liberal frontbencher Andrew Bragg last week. An implacable critic of compulsory saving rules, Bragg said super was “one of the biggest public policy failures since federation”. Asked her view on Sunday, Hanson told News24 that Australians struggling with the cost-of-living should be able to tap into their super. She claimed many people are “pulling out” their money and spending it, only to rely on the aged pension in retirement – exactly the situation super is designed to prevent. Hanson called the system “broken” and called for more help for those facing financial hardship, also suggesting first home buyers be allowed to use super as a deposit for a house. Her grab bag of shortcomings came without any policy solutions, but Hanson struck on the most powerful line for voters angry at the economy: “It is their money,” she said. Before the last election, the Guardian Essential poll found majority support for allowing first home buyers to use super for housing, at 57%. Already hardship provisions allow early release of some super funds. Sensing a rare opportunity to fight One Nation on its preferred turf, Labor has argued for days that Hanson and the Coalition would team up in minority government to pull apart the $4.5tn super system. But while the deputy Liberal leader, Jane Hume, said a Coalition government would revisit whether Australians should be able to get access to their retirement savings early, she stressed the system was highly valued and savings were needed for retirement years. The opposition leader, Angus Taylor, has talked up the current rules while also calling for more investment flexibility. As Paul Kelly wrote in The Australian on Wednesday, Labor considers Paul Keating’s superannuation system in its reform pantheon, alongside Medicare, and to be “defended at all costs”. Chalmers and Anthony Albanese would love the same fight in the lead-up to the 2028 election. The treasurer said on Wednesday super savings “are not safe” under the conservatives and that he believed the existing hardship provisions were appropriate. The fact that Labor is now fundraising off what they are characterising as an existential threat to super shows how potent they believe it is as a political issue. But the reverse is true for the Coalition: super might be just the latest way Hanson can deprive Angus Taylor of oxygen. The fight also shows one of the main weaknesses in the current political landscape. Despite leading in the polls, Hanson is allowed to offer thought bubbles instead of actual policy. Like Donald Trump, the One Nation leader isn’t expected by many to have fully developed positions backed by modelling or expert opinion. She isn’t expected to demonstrate sophisticated grasp of policy or outline non-contradictory positions. For Hanson right now, pronouncements on issues and cut-through lines are sufficient to rally disaffected voters. Explore more on these topics Australian politics Pauline Hanson superannuation Jim Chalmers Labor party Angus Taylor Anthony Albanese analysis Share Reuse this content