Menu

Covid-19 | Federal & State Governments Stimulus Measures banner. Updated: 29 March 2020

Government Stimulus Measure:

Additional Payments to Support Households

What is the stimulus/relief?

The Federal Government is providing two $750 payments to welfare recipients, including lower income Australians, pensioners, other social security and veteran income support recipients and eligible concession card holders.

The first $750 payment will be paid from 31 March 2020. The second $750 payment will be paid from 13 July 2020. The second payment will not be made to those eligible for the Coronavirus supplement.

What is the aim of the initiative?

The payments to households measure is part of the Federal Government's commitment to provide assistance to those effected by Coronavirus. 

Around half of those that benefit are Pensioners. The payment will help to support confidence and domestic demand in the economy.

Who is eligible?

To be eligible for the first $750 payment, you must be an Australian resident and be receiving one of the following payments, or hold one of the following concession cards at any time between 12 March 2020 and 13 April 2020:

  • Age Pension
  • Disability Support Pension
  • Career Payment
  • Parenting Payment
  • Wife Pension
  • Widow B Pension
  • ABSTUDY (Living  Allowance)
  • Austudy
  • Bereavement Allowance
  • Newstart Allowance
  • Jobseeker Payment
  • Youth Allowance
  • Partner Allowance
  • Sickness Allowance
  • Special Benefit
  • Widow Allowance
  • Family Tax Benefit, including Double Orphan Pension
  • Career Allowance
  • Pensioner concession card Holders
  • Commonwealth /Seniors Health Card Holders
  • Veteran Payments, including Ware Widow Payments
  • Disability Pensions & Associated DVA Payments
  • Veteran Gold Card Holders
  • Farm Household Allowance 
To be eligible for the second $750 payment, on 10 July 2020 you must be an Australian resident, and must be receiving one of the payments mentioned above, or holding one of the concession cards mentioned above.

Income support recipients that are eligible for the Coronavirus supplement may receive the first $750 payment, but are not eligible to receive the second $750 payment.

How do I get it?

The $750 payment will be paid automatically by Services Australia or the Department of Veterans' Affairs. 

Where a claim is lodged for one of the eligible payments or concession cards at any time between 12 March 2020 to 13 April 2020 and the claim is subsequently granted, payment will be made.

For further information CLICK HERE.

Examples:

First and Second Payment

Kate and Angus are a couple and are both Age Pension recipients as at 12 March 2020. Kate and Angus will each receive $750, so their household will receive $1,500 in total. Payments to Kate and Angus will be made automatically from 31 March 2020.

As Kate and Angus remain both a couple and Age Pension recipients on 10 July 2020, they will each be eligible for a further $750 as part of the second payment, so their household will receive $1,500 in total for the second payment.

This will bring the total payment to their household to $3,000, from the first and second payments.

Interaction between Coronavirus Supplement and Second Payment 

Leanne is a single parent JobSeeker Payment recipient on 10 July 2020, receiving single, with dependent child, rate of $612 per fortnight, a further $9.50 per fortnight for the Energy Supplement and an additional $550 per fortnight Coronavirus supplement. 

This brings Leanne's fortnightly income support payment to $1,171.50.

Leanne was in receipt of the Jobseeker Payment on 30 March, so she was eligible for the first $750 payment. 

As Leanne already receives the $550 per fortnight Coronavirus supplement, she will not be eligible for the second $750 payment.

COVID-19 Stimulus Package Measures

Payments to Households-First $750 Payment

Diagram of the stimulus package measures for payment of first $750 eligibility.

COVID-19 Stimulus Package Measures

Payments to Households - Second $750 Payment

Diagram showing the second flow of payment for the stimulus package for payments to households.

Closing comment

The Government is moving quickly and things are changing daily with regards to the response to COVID-19.  

Should you have any queries regarding this measure or any Government measure announced in relation to COVID-19, please contact our office for more information.

If you would like to print this information, please click here for our PDF format. 

Disclaimer
The information provided in this information sheet does not constitute advice.  The information is of a general nature only and does not take into account your individual situation.  It should not be used, relied upon, or treated as a substitute for specific professional advice.  We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances.
 

Our Services

Services that assist in increasing profitability, build value, and protect your wealth.

Accounting & Tax
Business Advisory
Wealth Creation & Preservation

Industry Focus

We are not just your accountant, we are your business advisor, here to support you and your business. We specialise and focus within the following industries:

Brentnalls Agribusiness
Brentnalls Construction
Brentnalls Health

Resources

Our resources provide additional supporting information in the following areas: 

Newsletters
Fact Sheets
Checklists
COVID-19 - Information Sheets
COVID-19 - Brentnalls SA Response

Our Location

255 Port Road
HINDMARSH SA 5007

PO Box 338
Welland SA 5007 

View location map

P: (08) 8241 8444
F: (08) 8241 8488
E: admin@brentnalls-sa.com.au

Connect with us on Facebook. Connect with us on LinkedIn.