The Government will provide a one-off $750 payment to around 6.5 million social security, veteran and other income support recipients and eligible concession card holders. Around half of those that benefit are pensioners. This payment will help to support confidence and domestic demand in the economy.
There will be one payment per eligible recipient. That is, if a person qualifies for the one-off payment in multiple ways, they will only receive one payment.
The payment will be exempt from taxation and will not count as income for Social Security, Farm Household Allowance and Veteran payments. Click the link below for further information:


2 comments on “Stimulus payments to households to support growth

  1. Royal CBD on

    Aw, this was an incredibly good post. Taking a few minutes and actual effort
    to generate a great article… but what can I say…
    I procrastinate a whole lot and never seem to
    get anything done.

    Feel free to visit my web-site; Royal CBD


Leave a Reply

Your email address will not be published. Required fields are marked *