Lost at Sea: superannuation, bank loans and seafarers who can’t get home.

In this episode we have some great information on how to tide you over during these difficult times.  The Government has moved the goalposts for accessing your superannuation early but will you live to regret it?  Where is that sweet spot on how much to take out and make your life easier?  Not all loans have to accrue interest and if you just need a little help to buy the basics, we have some experts to guide you through the No Interest Loan Scheme. 

And there’s a story that just isn’t getting the coverage it merits.  On any given day there are 150,000 seafarers across the world unable to disembark or embark their ships.  They can’t get home and they can’t earn money but who’s helping them? We’ll give you an insight into life at sea during Covid 19.

Guests:

• Effie Zahos – Editor-at-Large at Canstar
• Dean Summers – National Coordinator of International Transport Workers’ Federation in Australia
• Sandy Milne – National Manager Financial Security at Good Shepherd.

Credits:

• Presenter: Jeff Sparrow
• Producer: Anita Gibson
• Editing and Sound Design: Alex Smith
• Production Management Team: Vicky Rouse and Abe Killian

The Consumer Coach, your pandemic financial survival guide is brought to you by the Community Broadcasting Association of Australia, supported by the Ecstra Foundation and heard across Australia on the Community Radio Network.

Disclaimer: The information provided on this online series is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

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