Commonwealth Rent Assistance will increase by 10 per cent on September 20, as federal Labor announced more cost of living policies.
Renters on Commonwealth assistance will receive an average boost of $20 more a fortnight as federal Labor introduce a suite of measures to ease pressures during the cost-of-living crisis.
Commonwealth Rent Assistance is available to anyone on the government support payments including the age pension, JobSeeker, the family tax benefit or ABSTUDY.Rent assistance was increased by 15 per cent in May this year, which was the first real rise in more than three decades. The further 10 per cent increase from September 20 means recipients will get on average $20 more as the exact amount depends on individual circumstances.
A couple with one or two children on the family tax benefit paying at least $578 a fortnight in rent would originally receive $221 a fortnight; they will now receive $243.Chalmers said in a statement the measure would not add to inflation as the government would continue working towards the target range of 2 to 3 per cent.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia’s racing war over as ‘common sense’ call on $20 million Everest prevails7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
The $20 billion interest bill hitting home buyers and the economyA record $20 billion in interest has been paid by borrowers on their mortgages, eating into the purchasing power of consumers.
Read more »
The $20 billion interest bill hitting home buyers and the economyA record $20 billion in interest has been paid by borrowers on their mortgages, eating into the purchasing power of consumers.
Read more »
The $20 billion interest bill hitting home buyers and the economyA record $20 billion in interest has been paid by borrowers on their mortgages, eating into the purchasing power of consumers.
Read more »
How much you can buy for $20 at a discount grocery storeAs the cost-of-living crisis bites, discount grocery stores such as Cheaper Buy Miles and NQR are playing an increasingly important role in household budgets.
Read more »
Former detainees rack up 90 federal charges since Labor reissue visasData obtained by SkyNews.com.au has revealed 28 former immigration detainees have been charged with 90 federal offences since the Labor government reissued bridging visas earlier this year.
Read more »