Superannuation News
The latest superannuation news and tips
Alison Cheung
Finance Writer
COVID-19 drags women 36 years away from economic equality
COVID-19 has pulled Australian women four years further from economic gender equality, with the economic shock leaving more women without full-time jobs.
Superannuation
25 Aug, 2020
6 min read
Tony Ibrahim
Senior Journalist
Number of people dipping into super drops to record low: APRA
The number of people dipping into their retirement fund to fare the pandemic has reached an all time low, but industry groups warn younger generations will retire with $100 billion less.
Superannuation
25 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
How Australians are spending their COVID-19 superannuation withdrawal
The people who dipped into their superannuation twice spent more money the second time round on groceries, paying down debt, clothing and more, according to an analysis of banking data.
Superannuation
17 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
COVID-19: Early release of superannuation stirs debate as fraudsters strike
Some of the money lost from dipping into superannuation early as a response to COVID-19 will be offset by higher pension payments, research by a non-partisan think tank suggests.
Superannuation
11 Aug, 2020
4 min read
Alison Cheung
Finance Writer
COVID-19 forcing quarter of working Australians to delay retirement plans: Colonial First State survey
Nearly a quarter of Australians aged 30-65 say COVID-19 is forcing them to push back their retirement.
Superannuation
10 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
Throwing people on smoker policies earned seven superannuation companies millions: ASIC
Seven superannuation companies have been caught overcharging customers by defaulting them onto health policies for smokers, leading to a multimillion dollar windfall.
Superannuation
10 Aug, 2020
3 min read
Alison Cheung
Finance Writer
Two thirds of Aussies who accessed super plan to double dip
Two thirds of Australians who have already dipped into their superannuation want to take out more this financial year.
Superannuation
05 Aug, 2020
4 min read
Alison Cheung
Finance Writer
Second-time superannuation dippers surge to more than a million
The number of coronavirus-affected Australians hoping to dip into their retirement savings for a second time has surged to more than 1 million.
Superannuation
03 Aug, 2020
4 min read
Alison Cheung
Finance Writer
Coronavirus-affected Aussies allowed more time to dip into super
Australians financially impacted by COVID-19 will have another three months to cash out their superannuation, as the government extends the application deadline to the end of the year.
Superannuation
26 Jul, 2020
4 min read
Alison Cheung
Finance Writer
800,000 return for second superannuation withdrawal as COVID-19 flattens returns
Applications to cash out super balances for a second time have hit 800,000 in the first 12 days of the financial year.
Superannuation
20 Jul, 2020
4 min read
Alex Ritchie
Personal Finance Editor
ATO tips for Aussies considering accessing their super early
If you’re looking to dip into your super for financial support, here are some handy tips that you’ll want to know before you begin your application.
Superannuation
18 Jul, 2020
5 min read
Alison Cheung
Finance Writer
Superannuation double dippers hit almost 350,000 in five days
Hundreds of thousands of coronavirus-affected Australians have flocked to cash out their superannuation in the new financial year, with most of them being repeat applicants.
Superannuation
15 Jul, 2020
3 min read
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