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. 

The 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

Financial support and payments

  • JobKeeper payment for employees

  • Income support for individuals

  • HomeBuilder

Wages and employment

  • JobKeeper

  • Income support

Your household

  • Payments to support households

  • Temporary early release of superannuation

Support for retirees

  • 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 and and and

General advice warning

Rollit Wealth provides general information only. You should assess whether the information is appropriate for you having regard to your objectives, financial situation and needs and consider obtaining independent professional advice before making an investment decision. If information relates to a specific financial product you should obtain a copy of the PDS for that product and consider that statement before making a decision whether to acquire the product. Roll-it Super Pty Ltd. ACN 611 756 140. AFSL Authorised Representative No. 1273703 of MSC Advisory Pty Ltd. ACN 607 459 441. AFSL 480649 (MSCA).

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