Australians to Receive $700–$750 Cost of Living Payments This Week: Eligibility and Claiming Process
As Australia continues to face the pressure of rising living costs, the government is stepping up with a cost-of-living payment worth $700 to $750, arriving for eligible Australians this week.
This timely financial relief aims to assist vulnerable households, including low-income earners, pensioners, carers, and welfare recipients, who are struggling under inflation-driven expenses.
Here’s everything you need to know about this $700–$750 cost of living payment, including eligibility criteria, payment schedule, and how to claim.
What Is the $700–$750 Cost of Living Payment?
The Australian government has launched this one-time cost of living supplement to help ease the financial burden caused by inflation, energy price hikes, and other living expenses.
This supplement is not taxable and will not affect other Centrelink payments or income support benefits.
The payment amount ranges between $700 and $750, depending on your specific welfare category and eligibility.
Who Is Eligible?
Eligibility for the $700–$750 cost-of-living payment is based on whether individuals receive one of the approved Centrelink or DVA payments as of a set qualification date.
You may be eligible if you receive
- Age Pension
- Disability Support Pension
- Carer Payment
- Carer Allowance (if not receiving income-tested payment)
- JobSeeker Payment
- Youth Allowance
- Parenting Payment
- ABSTUDY Living Allowance
- Veteran Payment
- Special Benefit
- Family Tax Benefit A or B
Income and Asset Thresholds
Income thresholds vary depending on the type of payment. Here is a general idea:
| Household Type | Income Limit per Fortnight | Asset Test Applies |
|---|---|---|
| Single, no children | $1,256 | Yes |
| Couple, combined | $2,200 | Yes |
| Pensioners (Age/DSP) | $2,280 (combined) | Yes |
| Family Tax Benefit A/B | $120,000 per year | Yes |
Note: These limits are indicative. You must check your specific case through Centrelink or myGov.
Payment Dates – When Will You Get Paid?
The $700–$750 payments are scheduled to begin disbursing in the week starting June 3, 2025, and most eligible recipients should receive the funds by June 7, 2025.
| Payment Type | Amount | Expected Date |
|---|---|---|
| Age Pension & DSP | $750 | June 4–6, 2025 |
| JobSeeker & Youth Allowance | $700 | June 3–5, 2025 |
| Carers & Parenting Payment | $750 | June 4–6, 2025 |
| FTB A/B & Others | $700 | June 5–7, 2025 |
Payments will be deposited directly into your bank account linked to Centrelink or myGov.
How to Claim the Payment
You do not need to apply separately for the cost of living payment if you are currently receiving an eligible Centrelink or DVA payment.
Here’s what you should do:
1. Log in to myGov
- Go to your myGov account linked with Centrelink.
2. Check Eligibility Status
- Under “Payments and Claims,” navigate to your latest benefit details.
3. Confirm Bank Details
- Ensure your bank account information is up to date.
4. Wait for Notification
- Centrelink will notify eligible recipients via SMS or email before the payment is processed.
Why This Matters
This payment is part of the 2025–26 Federal Budget commitment to provide economic relief amid increasing cost of living pressures.
With fuel, food, rent, and utility prices rising steadily, this $700–$750 boost is meant to help Australians cover urgent expenses and maintain their financial stability.
Key Takeaways
- Eligibility is automatic if you’re receiving a listed benefit.
- Payments range from $700 to $750, depending on the benefit type.
- The disbursement period is June 3–7, 2025.
- No application is required, but your Centrelink account must be active and current.
Australians relying on welfare support can breathe a little easier with the $700–$750 cost of living payment landing this week.
This targeted support reflects the government’s ongoing response to inflation and high living costs. Check your Centrelink account to ensure everything is in order to receive your payment on time.
FAQs
Can I get the $750 payment if I only receive Carer Allowance?
Yes, but only if you do not receive an income-tested payment. If you do, you will be assessed under that primary benefit.
Will this cost of living payment affect my other Centrelink benefits?
No, this is an exempt, one-off payment and does not reduce or interfere with other support payments.
What if I don’t receive the payment by June 7, 2025?
Log into your myGov account or contact Centrelink directly to check your eligibility and payment status.
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