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Showing 1 - 10 of 344 results for "Early Release"

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... 30. Fresh data released by the Australian Taxation Office (ATO) today shows another spike in Aussies applying for early release of their superannuation for dental treatments. About $1.37 billion was released from the super system on compassionate grounds ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
... which has been used for dental procedures. The most recent statistics show the ATO received 31,780 applications for early release on compassionate grounds in relation to dental treatment in FY24. Of these, 22,530 were approved amounting to $526.4 million. ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... part of the unit price." The result is a system still heavily reliant on trust. When the music stops The COVID-19 early release scheme created a liquidity event many long-term asset owners hadn't modelled. What had once been considered a manageable ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... year around poor claims handling times. The new ASFA standard applies to insurance claims and certain claims for early release of superannuation benefits due to ill health. The new standard includes timely and clear communication with members at each ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... better align the scheme with the Superannuation Industry (Supervision) Regulation 1994 (SIS) definition for the early release of superannuation benefits under a terminal medical condition, the insurance policy definition of terminal illness to receive ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... for up to 12 months. The funds will also waive premiums for members following the payment of a financial hardship early release claim for up to 12 months. The waiver can only be applied once and the members' account must have a balance greater than zero ...

Super for housing would benefit 4% of homebuyers: ASFA

MATTHEW WAI  |  TUESDAY, 8 APR 2025
... ASFA is urging a more "holistic solution" to address the issue. "As highlighted in other ASFA reports, the proposed early release of superannuation for housing is unlikely to achieve its intended goal," the report continued. "Those with higher superannuation ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... bill" to taxpayers. For example, its research shows that a 30-year-old who withdrew $20,000 through the COVID-19 early release of super scheme, could retire with $93,000 less in superannuation, resulting in "taxpayers picking up the tab for higher pension ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... impacts on victim-survivors' financial and retirement prospects," the committee said. A review into the COVID-19 early release of super scheme specifically focusing on the number of members who may have withdrawn savings under coercion was also flagged. ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
A Western Australian woman who illegally obtained $202,000 for herself and others via an early release of superannuation scam has been sentenced to three years' imprisonment. The unnamed High Wycombe woman was sentenced at the Perth District Court ...
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