what Australians did with their super when COVID struck
- Written by Nathan Wang-Ly, PhD Student, School of Psychology, UNSW Sydney

What happens when people withdraw their retirement savings early?
We’ve just found out.
During the first year of COVID Australians who faced a 20% decline in their working hours (or turnover for sole traders) or were made unemployed or were on benefits were permitted to take out up to A$10,000 of their super between April and June...