The latest APRA statistics for the week to 9 August revealed that 88,000 applications were received by funds, with 44,000 being first-time applications and 44,000 repeat applications.
There have been 4 million applications since the start of the scheme, with 1.1 million of those being repeat applicants, APRA said.
The scheme has now paid out $31.1 billion, with an average payment size of $7,689.
A total of 139 of the 175 funds in APRA’s reporting scheme have made repeat payments to members, with the average size of repeat payments being $8,487.
The top 10 highest paying funds in the scheme — including AustralianSuper, Sunsuper and REST — have paid out $20.4 billion of total funds released in the scheme.
18 August 2020
In order to better serve you, please select the appropriate contact details for the department you are looking for below.
|Financial Planning||(02) 8599 0835 (Option 1)||email@example.com|
|Accounting||(02) 8599 0835 (Option 2)||firstname.lastname@example.org|
|Conveyancing||(02) 8599 0835 (Option 3)||email@example.com|