Andrew Laming’s nightly Covid update
Our economic support package includes support for casuals, sole-traders, retirees, those on payments, as boosts for businesses, to keep people in a job.
There are difficult times ahead for everyone, and I cant predict how long. Please look out for each other and share this information.
- Coronavirus supplement – The Government is expanding eligibility to support payments and establishing a Coronavirus supplement of $550 per fortnight for the next 6 months. This will be paid to both existing and new recipients of the JobSeeker Payment, Youth Allowance, Parenting Payment, Farm Household Allowance and Special Benefit. The fastest way to access this payment is via your myGov account. For more information click here
- Payments to support households – In addition to the $750 stimulus payment announced on 12 March 2020, the Government will provide a further $750 payment to social security, veteran income support recipients, pensioners and eligible concession card holders, except those receiving the Coronavirus supplement. This second payment will be made from 13 July 2020
- Early release of superannuation – The Government will allow individuals in financial stress due to the Coronavirus to access up to $10,000 of their superannuation this and next financail year. Apply online to the ATO next month.
For further information on government payments, please contact Services Australia.
If you lose work during the pandemic, or are unable to work due to contracting the virus or needing to self-isolate, you will be able to claim support from the federal government.
An extra Coronavirus Supplement payment of $550 a fortnight to new and existing income support recipients is available from April 27 for six months. This is in addition to existing payments for the JobSeeker Payment, Sickness Allowance, Youth Allowance, Parenting Payment, Partner Allowance and Farm Household Allowance.
Austudy is not one of the payments that triggers the additional supplement, so students and those on work visas are not able to access it.
Those who have lost their jobs and are on JobSeeker payments, including the new supplement, will receive $1100 a fortnight under the changes. If you have children you may be eligible for more.
JobSeeker and Youth Allowance has been opened up to sole traders and the self-employed and people caring for someone infected or in isolation due to coronavirus.
The assets test, waiting period, seasonal workers’ preclusion period and newly arrived residents’ waiting period will be temporarily waived. The supplement payment is taxable and will be paid automatically each fortnight.
An income test applies – people will be eligible for the full benefits if they earn under $1075 a fortnight.
You can claim online through myGov or phone the number most relevant to your situation – but it’s recommended you start your claim online. Here’s where you start a MyGov account. You then have to finish the process on the phone when your identity will be verified and you will receive a customer reference number. For the JobSeeker Allowance, phone 132 850. If you lodge an “intent to claim” online, your payments will be backdated to that point once you have provided all supporting documents and evidence necessary to be fully registered.
Those who are already Centrelink customers do not need to do anything to receive the benefits.