Tens of thousands of struggling Australians could miss a $ 500 government spend – here’s how to find out if you’re eligible and how to claim the money
Tens of thousands of struggling Australians could miss a $ 500 government spend disclosed in the federal budget.
The government announced a third and fourth one-time economic support payment of $ 250 to eligible Australians from December 2020 and March 2021.
The $ 250 payments will provide “financial assistance” to elderly and disabled retirees, veterans, those on caregiver benefits, and family tax recipients.
The government announced a third and fourth one-time economic support payment of $ 250 to eligible Australians gradually from December 2020 and March 2021 (stock image)
Australians with the Commonwealth Seniors Health Card and Pensioner Concession Card are also eligible.
“This concerns approximately 5 million customers who will receive 1 of the following payments, such as on November 27, 2020 and / or February 26, 2021,” the government said.
But National Seniors Australia has shared concerns that some eligible retirees could unwittingly miss the cash injection.
“National seniors are hearing from many self-funded retirees who are concerned that they will miss out on a stimulus payment, yet are being heavily impacted by the downturn in the economy caused by the COVID-19 pandemic,” they said.
National seniors urged self-funded retirees to see if they qualify for the CSHC card, to make sure they receive payment.
To receive the card, single Australians must have an income of less than $ 55,808, while couples must have less than $ 89,290.
There are approximately 400,000 CSHC holders who should benefit from the payment.