Financial support for individuals and households

The COVID-19 pandemic has resulted in significant community and business disruption. The financial impacts will likely be prolonged and severe. 

Government have announced a range of measures to support individuals and families.
Below is the link to the Treasury website that outlines the financial support packages available to individuals.

Summary of support for individuals

  • JobKeeper payment for employees
  • Income support for individuals
  • Payments to support households
  • Temporary early release of superannuation
  • Temporarily reducing superannuation minimum drawdown rates
  • Reducing social security deeming rates.

Support services 

Services Australia, the Australian Taxation Office, Department of Veteran Affairs and Department of Social Services

For more information of the Australian Government’s Coronavirus financial assistance visit servicesaustralia.gov.au and ato.gov.au and dva.gov.au and dss.gov.au.

General advice warning

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