Skip to main content

COVID-19 making financial decisions

Steps to look after yourself and your money

Page reading time: 2 minutes

During challenging times, making financial decisions can feel overwhelming. There's support and services available to help you.

Early access to super

People affected by the COVID-19 pandemic may be eligible to apply to access up to $10,000 of their super in 2019-20 and a further $10,000 in 2020-21.

Your super is your retirement savings. Consider all your options before you apply to access your super.

Protect yourself from scams

Watch out for scammers who try to take advantage of coronavirus (COVID-19). Scams can take many forms. Be wary of offers to assist you access your superannuation or high-return investment opportunities.

Scam alert! Watch out for cold-call offers to help you get early access to your super

The only way to apply to withdraw your super if you are eligible under the new COVID-19 early release scheme is through my.gov.au

Protect your personal information. Don’t share your myGov account details with anyone.

Dealing with cancellations and refunds

The Australian Competition and Consumer Commission (ACCC) provides the latest information on consumer rights, travel and event cancellations in relation to COVID-19.

Subscribe for tips and resources

Register for our enewsletter for free tools, tips and guidance to help you look after yourself and your money.

Thank you. You have successfully subscribed to ASIC’s MoneySmart Tips eNewsletter

Thank you for subscribing to ASIC’s MoneySmart Tips eNewsletter.

A confirmation email has been sent.

You have successfully unsubscribed from ASIC’s MoneySmart Tips eNewsletter.

Looking to unsubscribe? Click here to unsubscribe

Looking to subscribe? Click here to subscribe