There is welcome relief heading to many Australian bank accounts this week, a $750 payment for economic support will be arriving, though it’s not going to every person who received the initial payment back in March.
The Australian Government has announced that there are some slight changes to who will be receiving the July $750 payment and not everyone is happy.
The first round of payments were issued to those under the following:
- ABSTUDY Living Allowance
- Age Pension
- Austudy
- Bereavement Allowance
- Carer Allowance
- Carer Payment
- Commonwealth Seniors Health Card
- Disability Support Pension
- Double Orphan Pension
- Family Tax Benefit Part A
- Family Tax Benefit Part B
- Farm Household Allowance
- JobSeeker Payment
- Newstart Allowance
- Parenting Payment
- Partner Allowance
- Pensioner Concession Card
- Sickness Allowance
- Special Benefit
- Widow Allowance
- Widow B Pension
- Wife Pension
- Youth Allowance.
Whilst the second $750 payment is only available to the following groups and not all within those groups will be entitled to it:
- Age Pension
- Bereavement Allowance
- Carer Allowance
- Carer Payment
- Commonwealth Seniors Health Card
- Disability Support Pension
- Double Orphan Pension
- Family Tax Benefit A
- Family Tax Benefit B
- Pensioner Concession Card.
Anyone who is not on the list for round two of economic support payment could potentially receive the Coronavirus Supplement.
The payments come as tough lockdown laws have been put back into place, pushing many more Australians out of a job and placing enormous pressure on businesses, especially those in Victoria. Though the payment is expected to be rolled out to over 5 million Australians.
The National Cabinet next meet on July 24th, the day after the Treasurer, Josh Frydenberg releases his Economic Statement. From there, Australians will learn more about any further Coronavirus economic support past what has already been guarenteed.
How do you feel about the Government payments? Are they doing the right thing for our economy and those who are receiving? SHARE your thoughts with us in the comments below.
6:55 pm
8:41 pm
5:25 pm
10:58 am
6:04 pm
9:40 am
9:08 am
9:07 am
11:27 pm
11:11 pm
10:04 pm
9:16 pm
7:40 pm
3:29 pm
To post a review/comment please join us or login so we can allocate your points.