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Home COVID-19 & Early release of super

COVID-19 & Early release of super

If you need to access your super due to COVID-19, lodge a request before 30 June

Under a temporary measure announced by the federal government, you can seek the early release of $10,000 from your super account this financial year (and an additional $10,000 from 1 July 2020) if you are enduring financial hardship due to the coronavirus outbreak. 

If you're suffering financial hardship as a result of COVID-19, and are looking to withdraw money from your super in the 2019/20 financial year, ensure you lodge your request to make a withdrawal through myGov before 30 June.

You will need to submit a separate application by 24 September 2020 if you want to access the additional $10,000 next financial year.

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