A $750 One Off Economic Support Payment | Centrelink Financial Advice

1
(No Transcript)
2
Maximise your Centrelink Entitlements
We can help you take away some of the financial
stresses while we are fighting this massive
hurdle of Coronavirus or whether youre planning
your retirement.
We can work with you to create a plan for
managing the money you have and can advise on
your eligibility to receive Centrelink benefits.
01
We can provide you with advice and assistance on
applying for the Age Pension, what information is
required and help you with the paperwork if you
are eligible.
02
3
We also look at strategies on how to maximise the
Age Pension and other forms of support and
benefits you may be eligible for.
03
If youre considering a transition to retirement
or want to make the most of your retirement
years, were here to help you.
04
Call us now at SMART Financial Advisory (03
97986622) and request an appointment.
4
A 750 one off Economic Support Payment
About 6.5 million Australians will get a one-off
payment as part of the Governments response to
coronavirus (COVID-19).
Government will pay you the 750 one off Economic
Support Payment if youre living in Australia and
get an eligible payment on 12 March 2020.
You dont need to do anything they will pay you
automatically. Youll get the money from 31 March
with most getting it by 17 April 2020.
5
Eligible payments include

• Age Pension
• Disability Support Pension
• Carer Payment
• Carer Allowance
• Parenting Payment
• Wife Pension
• Widow B Pension
• ABSTUDY (Living Allowance)
• Austudy
• Bereavement Allowance

• Newstart Allowance
• Youth Allowance
• Partner Allowance
• Sickness Allowance
• Special Benefit
• Widow Allowance
• Farm Household Allowance
• Family Tax Benefit A
• Family Tax Benefit B
• Double Orphan Pension

6
Youll also get the payment if you have 1 of the
following concession cards

• Pensioner Concession Card
• Commonwealth Seniors Health Card
• Veteran Gold Card.

Youll also get the payment if you get 1 of the
following Department of Veterans Affairs
payments

• Veteran Service Pension
• Veteran Income Support Supplement
• Veteran Compensation payments, including lump sum
  payments
• War Widow(er) Pension.

7
Youll only get 1 payment, even if you get more
than 1 qualifying payment or card.
Make sure Centrelink have your right details so
they can pay you. The easiest way to do this is
by using either

• Your Centrelink online accountthrough myGov
• The Express Plus Centrelink app.

Youll also get the payment if you get 1 of the
following Department of Veterans Affairs
payments
8
If you dont have an online account, you can
phone Centrelink on your regular payment line.
The payment is subject to legislation passing. It
wont be counted as income for social security
and family tax benefit payments, aged care fees
and charges, Farm Household Allowance and
veterans payments.
Its tax exempt. They wont use this payment to
pay off an existing Centrelink or Child Support
debt.
9
Contact Us
Address Fiveways Business Centre, 7
Keysborough Close (First Floor), Keysborough,
VIC, 3173 Australia
Ph 61 3 9798 6622
Email clientservices_at_sfadvisory.com.au
Web www.sfadvisory.com.au