17.3 C
Friday, November 27, 2020

Tag: superannuation

Australians set to access $18 billion in superannuation

Around $18 billion is expected to be paid out this financial year (2020/21) to those who have accessed the early access to superannuation scheme.

Aussies eager for early super access

The ATO has so far approved 757,000 applications, which are worth $6.3 billion in total, for early release of superannuation to those impacted financially by COVID-19.