EARLY ACCESS TO SUPERANNUATION (UP TO $20,000 OVER NEXT 6 MONTHS)
Citizens and PR are able to access up to $10,000 by 30 June 2020 and a further $10,000 by 24 September 2020 subject to satisfying requirements.
To apply, you must satisfy one of the following requirements:
Currently unemployed
Currently eligible to receive job seeker payment, youth allowance or parenting payment
On or after 1 January 2020, you were made redundant or your working hours were reduced by at least 20%
For sole trader, your business was suspended or your turnover was reduced by 20% or more
Application has to be made through myGov
https://my.gov.au/LoginServices/main/login?execution=e2s1
Temporary resident may also be able to access up to $10,000 by 30 June 2020. For full requirements, see the following link:
https://www.ato.gov.au/individuals/super/withdrawing-and-using-your-super/early-access-to-your-super/#Compassionategrounds
