APRA’s early release from super data
The statistics show that up to 17 May…
- 1.59 million applications had been made under the early release from superannuation scheme
- 1.41 million payments were made at an average of $7,510 each
- Time taken to make payments averaged 3.3 business days, with 94% paid within five business days
- For the week to 17 May, $1.7 billion was paid to 220,000 members
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