XJO 0.86% 7,989.6 s&p/asx 200

RIP XJO, page-9

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    $ 10,000 withdraw from super once every 12 months for early release under financial hardship has always been there, provided individual is on certain specific type of centrelink benefits for 26 or 39 weeks. This depends on the age group. This is not new, however tax relief is new.

    Did centrelink requirement also abolished ?, don't think so. I can not see it anywhere written. If it hasn't then there is not much difference.

    https://www.thechronicle.com.au/news/revealed-details-pms-new-stimulus/3978285/
    Early release of superannuation
    The government is allowing people in financial stress as a result of the virus to access up to $10,000 of their superannuation in the 2019-20 fiscal year, and another $10,000 in 2020-21.You'll have to apply online through the myGov website. If approved, you will not need to pay tax on the money released.This one costs the budget $1.2 billion.
 
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