Alsey
The Australian government is set to provide $700 to $750 in cost-of-living support payments to eligible citizens this week, helping millions manage rising household expenses, utilities, and essential needs.
These payments are part of broader efforts by the Australian Federal Government to ease the financial pressure on vulnerable populations amid continued inflation in 2025.
This guide covers who qualifies, how much you can receive, when payments will be made, and how to claim your support efficiently.
What Is the $700–$750 Cost of Living Payment?
The $700–$750 cost of living payment is a one-time tax-free benefit offered by the Australian government to assist those most impacted by inflation and rising utility prices.
This financial support is designed primarily for pensioners, low-income earners, veterans, and eligible Centrelink and Services Australia recipients.
The payment is part of a broader 2025 federal support package aimed at shielding vulnerable households from the compounding effects of inflation, rising rent, and electricity bills.
Who Qualifies for the $700–$750 Payment?
Eligibility is determined based on your income, assets, and current benefit status. The payment will be made automatically to those already receiving eligible government assistance.
You may qualify if you receive any of the following:
- Age Pension
- Disability Support Pension
- Carer Payment
- JobSeeker Payment
- Youth Allowance
- Parenting Payment
- Austudy or ABSTUDY
- Veteran’s Pension (DVA)
- Commonwealth Seniors Health Card (CSHC) holders
Income and Asset Thresholds (for Means-Tested Recipients)
Here is a table showing approximate income limits for eligibility under Services Australia guidelines:
| Household Type | Weekly Income Limit | Assets Limit (Non-Homeowner) | Assets Limit (Homeowner) |
|---|---|---|---|
| Single (No Children) | $776.50 | $301,750 | $674,000 |
| Couple (Combined) | $1,144.00 | $451,500 | $901,500 |
| Single with Dependent Child | $858.50 | $401,000 | $801,000 |
Note: The actual limits may vary slightly depending on Centrelink or DVA assessment rules.
How Much Will You Receive?
The payment amount varies slightly depending on the recipient’s category.
Estimated Payment Breakdown
| Recipient Type | Payment Amount |
|---|---|
| Age Pensioner (Single) | $750 |
| Couple Pensioners (Each) | $700 |
| Disability Support Pension | $750 |
| JobSeeker or Parenting Payment | $700 |
| Commonwealth Seniors Health Card | $700 |
All payments are tax-free and do not count as income for income support eligibility.
When Will the $700–$750 Payments Be Made?
Payments are scheduled to begin the week of June 24, 2025. Most eligible Australians will receive the payment automatically into their nominated bank account.
Key Payment Dates
| Payment Type | Payment Date (Expected) |
|---|---|
| Centrelink (Age, DSP, JobSeeker) | June 24–28, 2025 |
| DVA Recipients | June 26–30, 2025 |
| CSHC Holders | By July 1, 2025 |
If you do not receive your payment by July 3, 2025, it is advised to contact Services Australia or DVA for support.
How to Claim the Cost-of-Living Payment
For most eligible recipients, no application is required. If you are currently receiving a qualifying payment or hold an eligible concession card, the payment will be processed automatically.
However, here’s how to ensure you’re covered:
Step-by-Step Claim Guide
- Log in to your myGov account linked to Centrelink or DVA.
- Check your eligibility by reviewing current payment details and card status.
- Ensure your bank details and contact information are up to date.
- If you believe you’re eligible but didn’t receive the payment, submit a payment inquiry through your account or call Services Australia at 132 300.
Is This the Only Relief Coming in 2025?
No. The $700–$750 cost-of-living support is part of several inflation-related relief measures in 2025. Other initiatives include:
- Energy Bill Relief Payments (up to $500)
- Rent Assistance Boost
- Medicare Levy Threshold Increases
- Expanded Access to Concession Cards
These initiatives are being rolled out in phases to help Australians manage living expenses in the wake of global economic shifts and energy price increases.
The $700–$750 cost of living payment is a vital form of relief for Australians grappling with inflation in 2025.
Whether you’re a pensioner, student, or veteran, this support can ease the financial burden significantly.
Make sure your details are current with Centrelink or DVA, and check your account this week for the deposit. If eligible, act early and verify your information to avoid delays.
Frequently Asked Questions
1. Will the $750 cost of living payment affect my regular Centrelink benefits?
No, the payment is tax-free and does not count as income, so it will not affect your eligibility or payment rate for other Centrelink benefits.
2. I receive the Age Pension but didn’t get the payment—what should I do?
First, ensure your bank details and contact information are correct in your myGov account. If still unresolved after July 3, 2025, contact Services Australia for further assistance.
3. Can new Centrelink applicants qualify for the $700–$750 payment?
Only individuals receiving qualifying payments or holding eligible cards as of June 23, 2025 are covered. New applicants after this date will not receive this specific support payment.