APRA has published its early superannuation release data for the week ended 18 October, which revealed that only $183 million was withdrawn from Australia’s superannuation system, taking the total amount withdrawn early to $34.4 billion:
According to APRA:
Over the week to 18 October, 25,000 applications were received by funds of which 16,000 were initial applications and 9,000 were repeat applications. Initial applications total 3.3 million and repeat applications total 1.3 million since the inception of the scheme.