Will the ALP attack franking credits next time?, page-29

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    Thanks squid, I was able to use that link to search the ATO and found the answer myself, much appreciated:

    COVID-19 (novel coronavirus) – temporarily reducing superannuation minimum payment amounts

    For many retirees, the significant losses in financial markets as a result of the COVID-19 crisis are having a negative effect on the account balance of their superannuation pension or annuity.
    To assist retirees, the Government has reduced the minimum annual payment required for account-based pensions and annuities, allocated pensions and annuities and market-linked pensions and annuities by 50% in the 2019–20 and the 2020–21 financial years.
    Superannuation and annuity providers calculate the minimum annual payment required at 1 July each year, based on the account balance of the member or annuitant. The 50% reduction will apply to the calculated minimum annual payment.
 
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