Cost of Living Concession

For all Age Pensioners and Commonwealth Seniors Health Care Card holders (and other Concession beneficiaries) in SA, now is the time to apply for your Cost of Living Concession if you haven’t already…

This year’s Cost of Living Concession is a one off payment of at least $224.60 and Age Pensioners can get up to $449.

The application process is pretty simple by entering some basic details online (or via the paper form) but you do need to apply before December 31, 2022 to receive the payment. For those who have already registered in previous years, the payments will be made from August 2022 assuming your circumstances have not changed (i.e. eligibility for your concession card/allowance). For more details and to apply, see the link: https://www.sa.gov.au/topics/care-and-support/concessions/household-concessions/cost-of-living-concessions Also, the Department of Human Services have made available a “Concession Finder” tool available so you can now match any of SA Gov’s other concessions to your relevant Concession card, see below: https://www.sa.gov.au/topics/care-and-support/concessions/concession-finder

Author

Will Chapman

Financial Planner AFP® | B.App.Fin

You might also be interested in…

2 August 2022

Change your Money Mindset

Brenton Miegel

I recently read an article in the FPA’s Money and Life Magazine that offered 7 ways to change your money mindset and behaviour for the better and how to feel richer for it and thought I would share them with you:

26 July 2022

Falling Property prices

Boris Pedisic

Australian house prices have declined for the second month in a row in June - and the pace of losses is accelerating sharply. According to CoreLogic's market-leading index, house prices across the five largest cities fell by more than 0.8% (on average) in June following on from a 0.4% loss in May.