It’s important that you assess your eligibility accurately.
You will not be required to attach evidence to support your application; however, you should retain records and documents to confirm your eligibility.
To apply for early release of your super, you must be an Australian or New Zealand citizen or permanent resident, and satisfy any one or more of the following requirements:
- You’re unemployed,
- You’re eligible to receive a Jobseeker payment, Youth Allowance for Jobseekers, Parenting payment (which includes the single and partnered payments), Special Benefit or Farm Household Allowance, or
- On/after 1 January 2020, either:
- you were made redundant, or
- Your working hours were reduced by 20% or more, or
- If you’re a sole trader, your business was suspended or there was a reduction in your turnover of 20% or more.
If you’re a temporary resident...
Eligible temporary residents will be able to apply to access up to $10,000 of their super before 1 July 2020. You must satisfy one or more of the following requirements:
- You hold a student visa which you have held for 12 months or more and you are unable to meet immediate living expenses, or
- You are a temporary skilled work visa holder, your working hours have reduced to zero and you remain engaged with your employer, or
- You are a temporary resident visa holder (excluding student or skilled worker visas) and you cannot meet immediate living expenses.