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Thousands benefit from big cash splash under cost of living concession

Thousands of Aussies have had their payments doubled, leaving them better off by hundreds of dollars. Here’s how to see if you’re eligible.

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Dave Matthews is among the low-income earners and pensioners benefiting from a one-off, doubled cost of living concession payment aimed at providing relief for those doing it tough.

The public housing tenant is one of 192,000 South Australians receiving up to $449 in cash directly into their bank accounts under a scheme announced earlier this year in the state budget.

Premier Peter Malinauskas said it was the largest ever state government payment to concession card holders and low-income earners.

“With the rising cost of living pressures, inflation and an influx of interest rates, this payment could not come at a better time,” he said.

“This one-off, doubled cost of living concession payment was what we promised – and we’re now delivering on it.”

Under the concession scheme, home owner-occupiers will receive $449, while renters will get $224.60 per household.

Homeowner-occupiers who are self-funded retirees with a commonwealth seniors health card will also receive $224.60 per household.

Dave Matthews has cut back on his grocery shopping to cope with the rising cost of living. Picture: Facebook
Dave Matthews has cut back on his grocery shopping to cope with the rising cost of living. Picture: Facebook

The cost of living concession replaced the council rate concession to help people on low or fixed incomes with their general living expenses such as council rates, energy and medical bills.

All existing and eligible new customers who applied by July 1 should receive their payment by the end of this month.

New applicants will be paid if they apply by December 31.

To obtain the concession, you must live at a property and receive a Centrelink payment, hold an eligible card or meet low income provisions.

Tenants must not be living with anyone who earns more than the low income provisions, unless they either get an allowance from Centrelink or the Department of Veterans’ Affairs, or are your spouse, domestic partner or dependant.

To apply, you will need your Centrelink customer reference number, DVA file number or a copy of your most recent tax assessment.

Original URL: https://www.news.com.au/finance/economy/australian-economy/thousands-benefit-from-big-cash-splash-under-cost-of-living-concession/news-story/402b3b8e61897655079fbc1c48a6325a