Millions of Australian's to Receive BONUS Cash Payment

Almost four million Australians will receive a one-off payment to help with the rising costs of their power bill.

Vulnerable and low-income households can expect to receive cash handouts of $75 for singles and $125 for couples.

Federal Treasurer Josh Frydenberg has promised that if the legislation passes, payments will be deposited into the bank accounts of about 3.9 million eligible Australians by the end of financial year.

Mr Frydenberg denied the measure was a “cash splash” describing the payments as “responsible, targeted spending”.

“This is money [that’s] going to go into people’s pockets to help meet the cost of their next power bill,” he told Channel Nine.

Those receiving the one-off energy cash handouts include 2.4 million people on age pensions, nearly 750,000 people on disability support pensions, carers and single parent payment recipients, as well as eligible veterans.

Over 3.9m Austs will receive a one-off Energy Assistance Payment to help with their next energy bill & cost of living.

Our Govt’s responsible Budget management means we can guarantee the essential services Austs rely on. #Budget2019 @PaulFletcherMP https://t.co/oi4OwlYCLw

— Josh Frydenberg (@JoshFrydenberg) March 30, 2019

Will you be one of the lucky families?

Share your comments below

38 Comments

- - meedee said
  - 17 Mar 2023
    11:32 am
And sadly the cost of power is still an issue.

- - mom367585 said
  - 29 Apr 2019
    3:17 pm
A one off payment would be great relief for some bit what about in the long run? They need to stop shutting down power houses! This is why energy prices are so steep!

- - mom101628 said
  - 25 Apr 2019
    10:28 pm
As a pensioner it will help for the current bill – what happens further down the track? At least the Liberals are not so gung-ho on renewables so that we are eventually all left in the dark

- - mom350461 said
  - 17 Apr 2019
    10:08 am
Not much help it’s providing maybe they should consider energy capping

- - mom19782016 said
  - 04 Apr 2019
    9:27 pm
It won’t reach us but it’s a step in the right direction

- - tessie said
  - 04 Apr 2019
    4:19 pm
I won’t be one of them but I hope it can help others out at least a little bit. Wonder if all the politicians will expect to receive this benefit as well

- - ella12 said
  - 04 Apr 2019
    4:01 pm
I don’t think it will make a significant difference.

- - Ceebsa89 said
  - 04 Apr 2019
    1:14 pm
Gimme Gimme Gimme
It’s hard to keep up with such high taxes and on maternity leave

- - mom112217 said
  - 04 Apr 2019
    10:43 am
It will help with the electricity bill which is always so high!

- - sars_angelchik said
  - 04 Apr 2019
    8:58 am
Well poo sorry to say it isn’t me

- - rovermum said
  - 04 Apr 2019
    8:39 am
I don’t expect we will receive it, but happy for those that will.

- - littlehandsofmine said
  - 04 Apr 2019
    8:03 am
What is classified as a low income? I bet we don’t because we both work.

- - societyanxiety said
  - 04 Apr 2019
    1:49 am
Vote the Libs out! What a ridiculous band-aid solution to an ever growing problem. Need something ongoing and realistic. Hope this mob are gone soon.

- - musicmum said
  - 04 Apr 2019
    12:37 am
Hardly going to make a difference in anyone’s life with prices of everything going up all the time. They might as well just give it straight to the power companies, after all they already spend billions in subsidizing coal production. Just a weak effort to try and win some more votes before an election.

- - MisChip said
  - 03 Apr 2019
    11:18 pm
That’s a huge cost to the government that may be better spent elsewhere. It will only make a teeny tiny difference to families. Is it worth it?

- - youngoldlady said
  - 03 Apr 2019
    9:58 pm
Hopefully this little bit will help some out. Not much but every bit helps.

- - Jujubear79 said
  - 03 Apr 2019
    9:28 pm
Some single parents earn more then I do….and i support a family of my hubby and two kids BUT will not get help as I dont get any of those payments…..

- - mom364725 said
  - 02 Apr 2019
    8:08 am
Sadly the middle working families look to get nothing with this budget 🙁

- - Ellen said
  - 02 Apr 2019
    7:57 am
Anything that helps vulnerable and low-income households would be welcome of course (even when little).

- - ~Loui~ said
  - 02 Apr 2019
    12:27 am
Mmmm it doesn’t include low income families does it ? So we will miss out.