$256 Cost Of Living Cash Boost Payout Date August 2024: Know Eligibility Update

The Government of South Australia offers concessions payment to low earners which includes electricity concession, rent concession, cost of living concession and many more. These are provided so that the low income citizens feel secured and the financial burden can be removed from low earners. In 2024 there is an upcoming payment for Cost of Living Concession which is expected to be distributed from late August. In this post we will see what are these cost of living concessions, Are these concessions paid monthly or for one time, how these payments are made, who will get these concessions and Is there need to apply for the concession? All we can check through this post. Let’s check this $256 Cost of Living Cash Boost Payout Date August 2024.

$256 Cost Of Living Cash Boost Payout Date August 2024

Cost of Living Concession is the one time payment benefit which will be provided to the South Australian Citizens only. In 2024, this South Australian Government funded Concession payout. These payments are given yearly for one time. These concessions help the low income citizens financially. These concession payments can help against the rising cost and the inflation. The cost of living concessions are paid to offset the General living Expenses and these expenses can be energy bills, housing bills, rent, medical bills, and many more. In this post we will see all specifics for this concession covering its $256 Cost Of Living Cash Boost Payout Date August 2024, eligibility, amount. Also we will know how to apply for this concession and what documents or things required for application. Check this concession reality and facts.  

$256 Cost Of Living Cash Boost Payout Date August 2024

$256 Cost Of Living Cash Boost – Overview 

Title$256 Cost Of Living Cash Boost Payout Date August 2024
Year2024
MonthAugust 
Name of the CountryAustralia 
Name of the Payment Cost of Living Concession 
Australia Cost Of Living Cash Boost Eligibility 2024Qualified South Australians 
Objective Financial Aid 
Mode of the PaymentElectronic Fund Transfer 
$256 Cost Of Living Cash Boost Payment Date 2024Expected in August 2024 
Frequency of PaymentOne Time Payment 
CategoryFinance
Official Web Portal www.sa.gov.au 

Australia Cost Of Living Cash Boost Eligibility 2024

Let’s know who can apply for this concession payment in 2024. Will all Australian citizens apply or there are some specific Requirements? Check below for $256 Cost of Living Cash Boost Eligibility 2024:

  • Only the South Australian Residents can apply for this concession.
  • The COLC will be only paid to one citizen per one Household. 
  • As on 1st July 2024, the citizen must reside at the property.
  • As on 1st July 2024, the citizen must hold the acceptable card, must get suitable Centrelink Payment and must meet the income thresholds. 
  • If the citizen is a tenant then he/she must not reside with the person whose earnings is above than income thresholds unless they either are spouse, partner or dependent of yours or either they receive an allowance from DVA or Centrelink as on 1st July 2024. 
  • Here we have the list of Acceptable Cards:
Pensioner Concession Card, Commonwealth Seniors Health Card, Veterans Gold Card, Low Income Health Care Card.
  • Here we have list of suitable centrelink payments for COLC: 
Job Seeker Payment, Farm Household Allowance, Parenting Payment, ABSTUDY, Special Benefit, Austudy, Community Development Program, Youth Allowance, Self- Employment Allowance. 
  • Here we have the income threshold:
Status Fortnightly EBTYearly EBT 
Single$912.70$23,730.20
Single with Children$966.90$25,139.40
Couple $1696.60$44,111.60

$256 Cost Of Living Cash Boost Payment Date 2024

$256 Cost of Living Cash Boost Payment Date 2024 is scheduled to be in August to December 2024. This concession payment can be made between these months and the starting of the distribution will be from late August. These concession payments will be transferred via Electronic Fund Transfer. Through this the amount will be directly received through a bank Account. If we talk about how this payment can be identified then this payment will be made with the description Concessions COLC. The citizens will be automatically funded by this concession if they received this payment in past years. If the citizen does not  get this before then they can apply for this concession by 31st December. The application can be made online, or can be made by contacting ConcessionsSA and the things or documents which are required are given below in the list: 

CRN of CentrelinkDVA File NumberRecent Electricity BillRecent Water BillOwnership Number from Emergency Services Levy Assessment

FAQ Related To $256 Cost Of Living Cash Boost Payout Date August 2024

Is this Cost of Living Concession Payment verified?

Yes, this COLC Payment is verified and approved.

How can citizens Contact ConcessionsSA?

The Citizen can email at [email protected] or the citizen can contact at 1800-307-758 through Monday to Friday from 9:00 am to 5:00 pm. 

Is this the Concession Amount of $256 is approved for COLC?

This $256 is the approximate concession amount for COLC. The actual concession amount is $255.60. 

Leave a Comment

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