Here are the financial aid available


Sydney residents will have to live under stay-at-home orders until at least July 30 after the state reported 97 new local cases on Wednesday.

As the economic fallout from the lockdown worsens, governments and business groups are making direct financial support and bill relief available to residents struggling to make ends meet during the latest outbreak.

But what support is available and how do I access it?

Sydney Lockdown: Cash Payments

Cash payments are available to residents affected by the Sydney foreclosure provided they meet certain criteria.

COVID-19 Disaster Payments

The federal government introduced the COVID-19 disaster payment in June in response to the latest lockdown in Victoria.

Payment is available to people aged 17 or older living in a Commonwealth-declared COVID-19 hotspot who have lost their jobs as a direct result of a government lockdown.

But the payment is not available to people who receive other types of income support such as JobSeeker or the Pandemic Disaster Payment; it does not start until the eighth day of a lockout; and applicants should not have “appropriate paid leave entitlements”.

At the time of the announcement, the payout was $ 325 per week for people who lost less than 20 hours of work and $ 500 per week for people who lost more than 20 hours.

But on Tuesday, Prime Minister Scott Morrison announced that the amounts available would increase in the fourth week of any lockdown to $ 600 per week for people who lost more than 20 hours of work per week, and to $ 375 for people who lost between eight and 20 hours of work. work a week.

Mr Morrison also waived testing of the payment’s assets from the third week of a foreclosure, meaning all eligible residents can access the payment if a foreclosure extends into a third week, regardless of the amount. that they have in their bank account.

Initially, the payout was only available to people with less than $ 10,000 in liquid assets, such as savings and stocks.

You can request payment online through your MyGov account.

Paying for Pandemic Disaster Leave

Residents required to self-isolate, self-quarantine or care for someone with COVID-19 may be eligible for a lump sum payment worth $ 1,500 over 14 days.

But the payment is not available to people who receive income from paid work or who already receive an income support payment from the federal government.

Applicants should also not be entitled to appropriate leave, such as sick leave or personal leave.

Services Australia said the easiest way to claim payment was over the phone. The number is 180 22 66.

A full list of eligibility requirements is available here.

reduction of the bill

Relief is available for Sydney residents unable to pay their bills during the extended lockdown.

Bank loan deferrals

Australia’s big four banks – Commonwealth Bank, ANZ, Westpac and NAB – are offering deferrals on loans to people affected or recently affected by lockdowns.

Relief is available on request (so it’s best to call your bank).

Home loan deferrals will be granted on a monthly basis while business loan deferrals of up to three months are available for SMEs.

Banks have also offered to waive fees and notice periods on cash deposit and farm management accounts for up to three months, and have pledged to reimburse merchant terminal fees for up to three months as well.

To ask for help, call your bank or contact them online.

Reduction of the energy bill

New South Wales residents who are struggling to pay their electricity or gas bills can access the Energy Billing Assistance Program.

Vouchers worth up to $ 50 are available to help pay bills for residents in financial emergencies.

You must send a copy of your invoice, already be on a hardship plan with your retailer and have a MyServiceNSW account to apply for the program.

You can apply here.

Rent assistance

Private rental assistance is available to residents of New South Wales for people who experience a “major financial setback” such as illness or job loss.

Regular government assistance includes grants to help pay rent and interest-free loans to cover all or part of a rental bond.

And on Tuesday, the NSW government announced additional protection with a moratorium on targeted evictions.

The Rent Choice program provides grants for up to three years to help cover rent payments.

Eligibility information is available here.

The Rental Assistance Program is a shorter program that provides up to four weeks of rent to cover unpaid bills or water charges. You can claim once every 12 months.

Eligibility information is available here.

As for the pandemic policies announced on Tuesday, tenants who cannot pay their rent in full due to the COVID-19 outbreak cannot be evicted by September 11.

Homeowners who reduce the rent of affected tenants can apply for a government grant of up to $ 1,500 or property tax reductions depending on their situation.

And small business owners can access other grants of up to $ 15,000, as reported by NSW and federal governments.

Source link

Leave A Reply

Your email address will not be published.