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The minimum amount that can be withdrawn is $1,000 and the maximum amount is $10,000. If your super balance is less than $1,000 you can withdraw up to your remaining balance after tax. You can only make one withdrawal in any 12-month period.
APRA has asked super funds to make payments to members within five business days, but it may take longer, for example, if fraud is suspected or the fund needs to confirm your details.
In person - Level 22, 130 Lonsdale Street, Melbourne, 3000. By post - PO Box 24231 Melbourne, VIC, 3001.
If you withdraw super due to severe financial hardship it is taxed as a super lump sum. The minimum amount that can be withdrawn is $1,000 and the maximum amount is $10,000. If your super balance is less than $1,000 you can withdraw up to your remaining balance after tax.
We are pleased to advise that Cbus has delivered an outstanding result of 19.34% for our Growth (Cbus MySuper) option....Performance (%) to 30 June 2021. ReturnGrowth (Cbus MySuper)*5 years % p.a.9.81%10 years % p.a.9.55%15 years % p.a.7.36%1 more row
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People also ask

United Super Pty Ltd is the Trustee company (Trustee) of the Construction and Building Unions Superannuation Fund (Cbus). The Trustee is the legal entity responsible for the prudent management of the Fund including its overall governance, financial and risk management capability, investments, and strategic direction.
What to expect after you apply. We will assess your eligibility in accordance with the limited grounds of release for compassionate release of super. This can take up to 14 days (28 days for paper applications).
Online applications are free of charge and can be submitted through the DASP online application system for both super funds and ATO-held money. Online applications will be verified with the Department of Home Affairs (Home Affairs).
Make an after-tax contribution to your super The amount you choose to contribute is up to you but remember the concessional contributions cap is $27,500 per financial year, though you may be able to contribute more if you're eligible to make catch-up concessional contributions (more on this below).
This strength has been critical over the 38 years that Cbus has proudly managed the retirement savings of its members, helping them to build up their balances. Your weekly administration fee will drop to $1.50 per week from 2 July 2022. year\u2013 which could really add up between now and retirement!

cbus application for benefit form