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COVID-19 (novel coronavirus) – early release of superannuation
To apply for early release, you must satisfy any one or more of the following requirements:
1- You are unemployed.
2- You are eligible to receive a job seeker payment, youth allowance for jobseekers, parenting payment (which includes the single and partnered payments), special benefit or farm household allowance.
3- On or after 1 January 2020, either
- you were made redundant
- your working hours were reduced by 20% or more
- if you are a sole trader, your business was suspended or there was a reduction in your turnover of 20% or more. |
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