More than 100,000 people living in the North are amongst 3.8million people nationally to benefit from a one-off payment of up to $75 to help with energy costs.
Northern based Government Senator Ian Macdonald said the Energy Assistance Payment will be provided by the Turnbull Government to people on the Age Pension, Disability Support Pension and Parenting Payment Single, as well as Veterans and their partners who receive the Service Pension, Income Support Supplement and relevant compensation payments.
A total of 103,866 people across the North are expected to benefit, including
- 61,378 recipients of the Age Pension
- 21,271 recipients of the Disability Support Pension
- 12,752 recipients of the Parenting Payment single and
- 8,465 recipients of veteran’s payments.
The one-off payment is $75 for single and $62.50 for each pensioner in a couple. It will be automatically paid to eligible recipients over the next two weeks.
In addition, about 2,245 part-pensioners will have their Pensioner Concession Card reinstated.
“This one-off payment was part of a sensible and reasonable package to secure significant reform through the Senate to reduce company tax rates to businesses with a turnover of up to $50million,” Senator Macdonald said.
“In securing passage of the company tax cuts, which will help more than x small and medium sized businesses across the north invest more, employ extra staff and pay higher wages, the Government also committed to these one-off payments.
The payment will not be taxed, won’t be treated as income for tax purposes and doesn’t count as income for social security purposes.
Some former part-pensioners lost access to some state/territory government, local government and private sector benefits as a consequence of losing their Pensioner Concession Card as a result of reforms to the pension assets test which commenced at the start of the year, Senator Macdonald said.
“I’m delighted these people will have their card reinstated and be able to continue to access the same benefits they previously had.”
The Pensioner Concession Card will be automatically provided to eligible former part-pensioners in October.