The Australian Prudential Regulatory Authority’s (APRA) weekly update on the Morrison Government’s early superannuation release policy reveals that another $991 million was pulled from Australia’s superannuation pool, raising total withdrawals to $18.1 billion: As you can see, 2.4 million applications for early release have been paid averaging $7,698 per withdrawal. Looking at the breakdown, you
The post Early superannuation withdrawals hit $18 billion appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]