APRA has published its early superannuation release data for the week ended 4 October, which revealed that only $242 million was withdrawn from Australia’s superannuation system, taking the total amount withdrawn early to $34.1 billion:
According to APRA:
Over the week to 4 October, superannuation funds made payments to 33,000 members, bringing the total number to 4.4 million since inception. The total value of payments during the week was $241 million, with $34.1 billion paid since inception. The average payment made over the period since inception is $7,668 overall and $8,374 when considering repeat applications only.
