APRA has published its early superannuation release data for the week ended 8 November, which revealed that only $159.5 million was withdrawn from Australia’s superannuation system, taking the total amount withdrawn early to $35.0 billion:
According to APRA:
Over the week to 8 November, superannuation funds made payments to 22,000 members, bringing the total number to 4.6 million since inception. The total value of payments during the week was $160 million, with $35.0 billion paid since inception. The average payment made over the period since inception is $7,655 overall and $8,326 when considering repeat applications only.
