The Cost of Living Payment is a $250 one-off payment to help with the cost of living. The Cost of Living Payment is not taxable, and you don't need to report it as income. You'll get it if you were residing in Australia on 29 March 2022, and: you were able to claim, or were getting an eligible payment.
The Australian Government will invest $1.5 billion to assist around 6 million Australians with higher cost of living pressures. A one-off $250 Cost of Living Payment will be paid to eligible recipients from the end of April 2022.
Labor has said it will give $250, to be matched by another $250 from the federal government, to concession card holders, Family Tax Benefit recipients and self-funded retirees with a Commonwealth Seniors Health Card.
Households will need to visit the comparison tool provided by Service NSW and will be eligible for the payment even if they don't switch plans. The program is set to run from July 1 to December 31, 2023. Aussies who compare providers now will still be eligible for the payment in July.
Cost-of-living package in federal budget delivers $40-a-fortnight welfare boost and energy relief | Australian budget 2023 | The Guardian.
If you're a pensioner currently receiving support through Centrelink, you may be eligible for extra help with bills and medicine costs through the Pension Supplement. This supplement is a combined payment of Pharmaceutical Allowance, Utilities Allowance, GST Supplement and Telephone Allowance.
The Work Bonus income bank is useful for pensioners who wish to work, particularly those who undertake intermittent or occasional work. Note: from 1 December 2022 to 31 December 2023, a one-off, temporary credit of $4,000 applies to Work Bonus income bank balances.
Aussies on Centrelink will see a payment boost from the federal budget. Aussies who receive Centelink's JobSeeker will be seeing more cash in the bank, thanks to the federal budget. Around 1.1 million Aussies on JobSeeker who are looking for work are set to benefit from the $40-per-fortnight cash boost.
Around 1.6 million NSW households and 320,000 small businesses are eligible for a new National Energy Bill Relief payment in financial year 2023-24. Eligible low-income households, pensioners, self-funded retirees, families and carers will receive a one-off $500 bill relief payment towards their electricity bills.
You can get the Work Bonus if both of these apply to you. You: are Age Pension age and over. get Age Pension, Carer Payment or Disability Support Pension.
"The Australian Government is continuing to deliver tax relief, with a one-off payment of $250 to be made to eligible pensioners, welfare recipients, veterans and eligible concession card holders, to be paid automatically in April 2022," Mr Coleman said in his review of Budget 2022-2023.
We pay the Cost of Living Payment automatically. We started making payments from the end of April 2022. You don't need to apply.
If you're eligible, you'll get it after we balance your payments. We do this after the end of the financial year. For the 2021-22 financial year, it's a payment of up to $383.25 per family. For the 2022-23 financial year, it's a payment of up to $397.85 per family.
Your eligibility must be backdated to on or before 29 March 2022, to get it. If your Centrelink online account is linked to myGov, sign in now to claim a payment or concession card. You can also claim using your DVA online account through myGov. We'll send you a letter confirming your payment has been made.
The Carer Supplement is an annual payment of $600 which is attached to each Carer Allowance. The Supplement is paid in July each year.
The payment rates for Age Pension, Carer Payment and Disability Support Pension are increasing from 20 March 2023. Age Pension, Carer Payment and Disability Support Pension will increase by $37.50 a fortnight for singles and $56.40 a fortnight for couples combined.
Eligible households can apply for a $250 Power Saving Bonus from 24 March 2023 to 31 August 2023. The Bonus is available to all Victorians households who visit the Victorian Energy Compare website or engage with an energy affordability service through one of our participating community outreach partners.
To access the $250 Power Saving Bonus, visit compare.energy.vic.gov.au or call 1800 000 832. To speak to an Energy Assistance Program advocate, call 1800 161 215.
If you live in NSW, Queensland, South Australia or Tasmania, you can get $500 per eligible household. If you live in Victoria, you can get $250 per eligible household, plus a one off $250 direct payment through Victoria's 2023 Power Saving Bonus Payment.
If you don't work you still accrue a bonus. If you don't work, you still accrue $300 to your Work Bonus balance each fortnight. From 1 December 2022 to 31 December 2023, your maximum Work Bonus balance limit increases from $7,800 to $11,800. This will reset to $7,800 on 1 January 2024.
Around 52,000 eligible recipients will receive an increase in their base rate of payment of $92.10 per fortnight. Payments will also continue to be automatically indexed to reflect changes in consumer prices.
The Government has provided two separate $750 payments to social security, veteran and other income support recipients and eligible concession card holders. Around half of those that benefit are pensioners. These payments will support households to manage the economic impact of the Coronavirus.
have a Pensioner Concession Card, (including those issued by the Department of Veterans' Affairs) (DVA) have a Health Care Card (including Low Income Health Care Card) have a DVA Gold Card. have a Commonwealth Seniors Health Card (including those issued by DVA)
The Tertiary Access Payment is a payment of $3,000 or $5,000. How much you can get depends on where your family home is located. Complete the following steps to claim the Tertiary Access Payment from us.
The eligibility age for Age Pension is increasing to 67 years on 1 July 2023. If you were born on or after 1 January 1957, you must be 67 years to be eligible for Age Pension.