Senate debates
Thursday, 14 May 2020
Motions
Superannuation
12:08 pm
Anne Ruston (SA, Liberal Party, Minister for Families and Social Services) Share this | Hansard source
Last week measures designed to protect the integrity of the early access to superannuation scheme helped detect a small amount of fraudulent activity associated with the program. This matter is currently under investigation by the Australian Federal Police. This program is supporting Australians through the coronavirus crisis. As of the 11 May, around 1. 4 million applications were approved by the Australian tax office for early release of superannuation, representing around $11.5 billion.
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