Sep 9, 2026 – 12.01amNSW Treasurer Daniel Mookhey says governments would have to raise taxes to pay for higher welfare costs if policies such as One Nation’s superannuation hand-back were implemented, noting that even Donald Trump’s White House looks on the Australian retirement system with envy.Mookhey said One Nation leader Pauline Hanson’s proposal, which would allow people paying rent or mortgages to have a portion of compulsory super contributions paid directly to them, “threatens to undermine the key principle … of tax concessions now for the savings for your retirement”.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles