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Coronavirus superannuation early withdrawal scheme hits $25 billion as new financial year starts – ABC News

The Tax Office has already approved at least $25 billion of early superannuation withdrawals, just a couple of days into the second tranche of the emergency COVID-19 hardship scheme.

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The latest figures show up to 2.4 million people have applied for early withdrawal of part of their superannuation, with around $25 billion worth of applications approved by the Tax Office.
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