APRA has published its early superannuation release data for the week ended 15 November, which revealed that only $151.4 million was withdrawn from Australia’s superannuation system, taking the total amount withdrawn early to $35.1 billion:
According to APRA:
Over the week to 15 November, superannuation funds made payments to 21,000 members, bringing the total number to 4.6 million since inception. The total value of payments during the week was $151 million, with $35.2 billion paid since inception. The average payment made over the period since inception is $7,653 overall and $8,319 when considering repeat applications only.
