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Early Release of Super

Neil Rabbitt • Mar 31, 2020

 

You can register your interest now by logging in to your myGov account and following the Intention to access Coronavirus support instructions. If you don't already have a myGov account, you can set one up by selecting 'create an account'.

The ATO will notify you by email or SMS when applications open. You do not need to phone the ATO.

The withdrawals use a new, specific arm of the compassionate grounds condition of release. In order to be eligible, an applicant must meet one of the following conditions:

- Be unemployed,

- Be eligible to receive JobSeeker Payment, Parenting Payment, Special Benefit, Youth Allowance (other than as a full-time student or apprentice), or Farm Household Allowance,

- Be made redundant on or after January 1, 2020 or have had working hours reduced by 20% or more, or

- Be a sole trader who suffered a reduction in revenue of 20% or more.

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