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Coronavirus Supplement – $550 each fortnight for eligible individuals

Aim Supporting vulnerable individuals through additional income assistance by the Government. Benefit A new time-limited or temporary “Coronavirus Supplement” of $550 per fortnight for six months from 27 April 2020. Eligibility Individuals under the following income support payment categories are eligible for the Coronavirus Supplement: Jobseeker Payment (and all payments progressively...

Temporary Early Access to Superannuation –$20,000 over 2 years

Aim Helping individuals in financial stress get through the coronavirus downturn by providing early access to their superannuation. Benefit The government is allowing individuals affected by the coronavirus to access up to $10,000 of superannuation in 2019–20 and a further $10,000 in 2020–21. Individuals will not need to pay tax...