$243 Cost of Living Payment Australia July 2024 : Check Payout Dates News

The $243 Cost Of Living Concession is given to the south australian citizens. This is the one off  payment for the Cost of Living Concession 2023- 2024. The payment was already provided to the eligible citizens in their bank accounts in June 2024. The people who did not receive such a concession were not qualified or had not applied earlier. But the 2024- 2025 Cost of Living Concession will be paid to the eligible citizens in 2024. The eligibility is provided in this post as of 1st July 2024. The citizens who receive the concession are not required to reapply.  Let’s Know more about the $243 Cost Of Living Payment Australia July 2024 with its Eligibility and the Payments Dates for 2024. 

$243 Cost of Living Payment Australia July 2024

The Cost of Living Concession provides financial help to low earners and fixed earners. This concession helps the individuals with their general living expenditures such as medical bills, council bills, and many more. This $243.90 Cost of Living Payment is only for the eligible South Australian Citizens. Every year this concession amount is paid between August and December and these payments are made via the Electronic Fund Transfer. This $243.90 Payment is for the Cost of Living Concession of 2023. The concession amount is already paid to the eligible citizens in June 2024. Now Let’s discuss the Cost of Living Concession for 2024. Check the more details about the $243 Cost Of Living Payment Australia July 2024 on the official web portal of the South Australia Government. 

$243 Cost of Living Payment Australia July 2024

Australia Cost of Living Payment 2024- Overview 

Title$243 Cost of Living Payment Australia July 2024
Year2024
MonthJuly
CountryAustralia
Name of the PaymentCost of Living Concession 
$243 Cost of Living Payment Eligibility 2024South Australian Citizens 
Type of PaymentOne Off Payment 
Mode of PaymentElectronic Fund Transfer 
$243 Cost of Living Payment Date 2024Check Post
CategoryFinance
Official Web portalsa.gov.au 

$243 Cost of Living Payment Australia Eligibility 2024

The criteria for the Cost of Living Concession depend on the residency, income limits, cardholding details and centrelink payments. This Criteria is to be met by the south australian citizen on 1st July 2024. Only one individual in the household can receive the Cost of Living Concession. Let’s Know the $243 Cost of Living Payment Australia Eligibility 2024:

  • This Cost of Living Concession is available for South Australian Citizens. 
  • South Australian citizens need to live on property.
  • The Tenant can’t live with the person whose income is above the threshold. 
  • The South Australian citizens need to have any of the following Qualified Card: 
Pensioner Concession Card, Low Income Health Card, CommonWealth Seniors Health Card, Veteran Gold Card including Totally and Permanently Incapacitated (TPI), Extreme Disablement Adjustment (EDA) and War Widow   
  • The South Australian citizens should receive any of the following Qualified Centrelink Payment:
Job Seeker Payment, Youth Allowance, Parenting Payment, Special Benefit, Community Development Program (CDP), Self Employment Allowance, ABSTUDY, Austudy, Farm household Allowance (FHA), War Widow Pension under the Legislation of United Kingdom or New Zealand. 
  • These Earning Limits must be followed by the South Australian citizens to receive Cost of Living Concession. 
Citizen StatusEarnings Before Tax (Fortnightly)Earnings Before Tax (Annually)
Single$912.70$23,730.20
Single with Children $966.90$25,139.40
Couple$1,696.60$44,111.60 

$243 Cost of Living Payment Date 2024

$243 Cost of Living Payment Date 2024 was made in June. The One Off Payment of $243.90 was already provided to the eligible south australian beneficiaries. The eligible south australian beneficiaries can check their statement for June 2024 for the concession amount. This One off Payment was only made to those who receive the Cost of Living Concession 2023. The beneficiaries can check the concession with name Concessions COLC. 

Cost Of Living Concession 2024- 2025 

For the Cost of Living Concession 2024- 2025 the payment is scheduled for Late August. This Concession will be made to the eligible South Australians and the COLC will be sent via Electronic Fund Transfer. The Payment will be made with the name Concessions COLC. The eligible South Australian Citizens will get the COLC with an amount of $255.60. This Cost of Living Concession will be paid to one person in one household. Soon the South Australian will receive this concession amount. For more details check the official web portal of the South Australia Government.

Fact Check- Australia $243 Cost of Living Payment July 2024

This $243 Payment is approved by Official Authorities. This Payment was scheduled for June 2024. Already the recipient gets this Cost of Living Concession in June 2024. This $243 Payment is one off payment for the recipients of Cost of Living Concession 2023. We confirm this payment and if the beneficiaries want more details for COLC 2024, they can visit the South Australia Government Official Web portal. 

FAQ Related To $243 Cost of Living Payment Australia July 2024

How will I receive $243 Cost of living payment 2024?

The COLC will be paid through Electronic Fund Transfer.

What will be the COLC Amount for 2024- 2025?

The COLC amount will be $255.60 for 2024- 2025.

Leave a Comment

Your email address will not be published. Required fields are marked *