The coronavirus / COVID-19 pandemic of 2020 has lead to a range of announcements regarding making superannuation available to those who require additional funds to get through the pandemic. In light of those announcements we’ve made a range of updates to our website to provide more details on how these changes affect your situation and what you can do to take advanage of these changes if your situation requires.
The biggest change to superannuation during this period is the creation of two withdrawl periods, which are accessible to the unemployed. Each period enables the withdrawl of $10,000 from your superannuation fund. Currently two period have been announced, enabling a total of $20,000 to be withdrawn.
We’ve created guides for each superannuation fund, so you can determine what steps you need to take in order to make a withdrawl from your superannuation fund.