The latest APRA data released on the scheme on Monday revealed that as of 28 June, around 2.5 million applications have been lodged for the early super release scheme since it began.
Read more at the ifa.
APRA tips early super to surge
The prudential watchdog has signalled funds should brace themselves for high volumes of early super applications in the second tranche of the scheme during early July, with payouts now topping $18 billion.
