Huge spike in early super withdrawals for new financial year
ATO figures indicate that early super withdrawals have seen a $7.1 billion spike since 1 July, and will soon surpass the Treasury’s initial estimate.
According to figures from the ATO, early super withdrawals have seen a $7.1 billion spike since 1 July, and will soon surpass the Treasury’s initial estimate of $27 billion in withdrawals as the second round of $10,000 withdrawals began.
Read more at SMSF Adviser.
