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APRA Statistics for the Early Release of Superannuation

You will note a downward trend for 2008/09 which can be directly attributable to the sharp decline in interest rates during the period.                                                                       
   
 

Financial year  

 Number of
applications received

Applications
approved
in part or full  

Amount
approved
for release
$  

Average amount
released
per application
$

2003/04*

11,504

8,558

55,459,704

6,480

2004/05*

11,818

9,764

77,680,070

7,956

2005/06*

15,027

12,754

120,842,292

9,475

 2006/07

18,245

15,412

156,905,338

10,181

2007/08*

20,524

14,947

 173,602,110

11,615

2008/09

17,918

11,776

144,739,434

12,291
*Revised figures.

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