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Early super withdrawals cost $4.7 billion in lost returns Save Share The 3 million Australians who withdrew superannuation as part of the government’s early access scheme have already lost $4.7 billion in investment returns, a report from the left-leaning McKell Institute says. The $36.4 billion withdrawn through the “Early access to your super” scheme would now be worth $41.1 billion if it had continued to be invested in superannuation, estimates a report released by the institute on Monday. The policy led people to withdraw superannuation at the bottom of the market, meaning participants have missed out on the subsequent economic recovery, which has resulted in super fund indices increasing by 15 per cent - 20 per cent, the report said.

Stephen kirchnerMichael bucklandMckell institute mr bucklandMckell instituteUs studies centreAustralian bureau of statisticsAustralian bureauஸ்டீபன் கர்க்‌நர்மைக்கேல் பக்லேண்ட்ம்க்கெல்ல் நிறுவனம்எங்களுக்கு ஆய்வுகள் மையம்ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்ஆஸ்திரேலிய பணியகம்