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Free Money in Australia
What are State Government payments in Australia?
State and Territory governments in Australia offer various payments to assist with the cost of living.
Eligibility requirements vary depending on the payment, and some payments only apply to certain Concession Card holders.
What payments can be received in ACT?
In the Australian Capital Territory (ACT), the Future of Education Equity Fund provides up to $750 per year per student enrolled in preschool or school.
The Utilities Concession offers a rebate towards the ongoing costs of electricity, gas, water, and sewerage services, up to $750 per year.
Eligible Concession Card holders can get energy bill rebates by contacting their energy provider. In the ACT, the Savings Finder tool is also available to help you find other discounts, rebates, and subsidies.
Eligibility for State Government Assistance: Concession Card Holders and Other Requirements
Who are eligible for the Active Kids program in New South Wales?
The Active Kids program in New South Wales offers up to $200 in vouchers per child per year for sports and recreation costs.
Children who are of school age and enrolled in full-time primary or secondary education are eligible for the program.
This includes children who are home-schooled or enrolled in TAFE NSW.
Additionally, children must hold a valid Medicare card, Australian Government Pensioner Concession Card, or Department of Veterans’ Affairs Gold Card to qualify.
What are the eligibility requirements for the Back to School voucher program in New South Wales?
The Back to School voucher program in New South Wales offers up to $150 in vouchers per eligible student for school expenses.
Eligible students are primary school-aged children in years K-2.
They are identified by the NSW Department of Education as having a disability and attending a special school.
Additionally, eligible students are those in years 7-12, attending a government or non-government school, and holding a Centrelink Health Care Card, Centrelink Low Income Health Care Card, or Pensioner Concession Card.
State-Specific Programs: ACT’s Future of Education Equity Fund and Utilities Concession
- The ACT government offers the Future of Education Equity Fund to help with the cost of education for students enrolled in preschool or school.
- Eligible students can receive up to $750 per year in financial assistance.
- The payment amount is calculated on a daily basis.
- The ACT government also offers the Utilities Concession to help with the cost of ongoing utility bills such as electricity, gas, water, and sewerage services.
- Eligible concession card holders can receive up to $750 per year in rebates.
- To apply for the Utilities Concession, residents must have an ACT Service Access Card and apply through the ACT Revenue Office.
New South Wales: Back to School and Creative Kids Programs, Toll Relief Rebate Scheme, and More
- The New South Wales state government offers several programs to help with the cost of living and education.
- The Back to School voucher program provides up to $150 per eligible student towards school expenses.
- The Creative Kids program provides up to $100 in vouchers per child per year for creative and cultural activities.
- The Active Kids program provides up to $200 in vouchers per child per year for sports and recreation costs.
- The Toll Relief Rebate Scheme offers up to $750 per year (up to $1,500 for eligible sole traders) for frequent toll users.
- The Family Energy Rebate offers up to $180 per year for households with dependent children.
- The Fertility Treatment Rebate offers $2,000 for eligible fertility treatments.
- Eligibility requirements and application processes vary for each program.
- The state government also provides a Savings Finder tool to help residents find other discounts, rebates, and subsidies they may be eligible for.
State and Territory Government Payments to Help with Cost of Living
Australian residents face a continually increasing cost of living, with every aspect of life from purchasing groceries to paying bills becoming more expensive, leaving them struggling to make ends meet.
Fortunately, state and territory governments offer various payments to help with the cost of living.
These payments provide financial support to low and fixed-income households, concession cardholders, and families with dependent children.
Eligibility requirements vary for the government’s financial support, including annual taxable income limits and concession card holders such as Centrelink Health Care Card, Centrelink Low Income Health Care Card, Commonwealth Seniors Health Card, or Pensioner Concession Card.
The ACT offers several support services and payments designed to help families with their education and utility costs.
The Future of Education Equity Fund provides financial assistance of up to $750 per year per student enrolled in a preschool or school.
The Utilities Concession, on the other hand, offers a cash rebate of up to $750 per year to eligible ACT residents towards their utility bills.
To find more discounts, rebates, and subsidies, use the Savings Finder tool available on the ACT government website.
State and Territory Government Rebates and Allowances
The NSW government provides a range of programs and initiatives to help families with education, tolls, and energy costs.
The Active Kids program offers up to a $200 voucher per child per year for sports and recreation costs.
The Back to School voucher program provides up to $150 in vouchers per eligible student for school expenses.
Meanwhile, the Toll Relief Rebate Scheme offers financial assistance of up to $750 per year for frequent toll users.
The NSW government also offers a range of rebates to eligible residents, including the Family Energy Rebate, which provides up to $180 per year to households with dependent children.
Families struggling with fertility issues can apply for the Fertility Treatment Rebate, which offers $2,000 in financial assistance for eligible fertility treatments.
Additionally, the Creative Kids program provides up to $100 in vouchers per child per year for creative and cultural activities.
In terms of concessions, eligible NSW residents can apply for the Cost of Living Concession, which offers up to $224.50 per year for low or fixed income households for general living expenses.
Northern Territory residents can apply for the Learn to Swim voucher, which provides financial assistance of up to $200 a year per child for swimming lessons.
Additionally, the Sports Voucher scheme provides eligible residents with up to $200 in vouchers per child per year for sport, recreation, and cultural activities.
Most other states and territories provide utility rebates or discounts to eligible residents, with Queensland and Victoria offering rebates on electricity and gas bills.
Both Queensland and South Australia offer a Clothing Allowance to help with the cost of school uniforms and similar items. Tasmania residents can take advantage of the Annual Electricity Concession, which provides a discount on electricity costs, while Western Australia residents can apply for the Energy Concession Extension scheme for electricity costs of up to $318 per year.
Other various financial rebates, such as the textbooks and resource allowance for years 7-12 students in Queensland, the Ticket to Play program in Victoria, which provides vouchers for sporting club registration, and the Camps, Sports, and Excursions Fund in South Australia.
Eligibility for concessions in Victoria and Western Australia includes Pensioner Concession Card, Health Care Card, and Veterans’ Affairs Gold Card holders.
In conclusion, states and territories throughout Australia offer a range of financial support services and payments to help residents with their daily living expenses.
While eligibility requirements vary, it is worth researching and applying for these financial support programs to help ease financial burdens.
Unclaimed Money in Australia: Understanding the Issue and How to Check for Lost Funds
Unclaimed money is a common issue in Australia, with an estimated $1.5 billion currently being held by authorities.
This money originates from lost bank accounts, investments, life insurance policies, and other sources.
When individuals move without updating their information with companies or financial institutions, their money becomes unclaimed.
ASIC (Australian Securities and Investments Commission) receives unclaimed money and holds it until the rightful owner claims the money; there is no time limit for claims.
Interest is calculated on unclaimed money starting from July 1, 2013.
Unclaimed bank accounts become inactive after 7 years with no deposits or withdrawals while life insurance policies become unclaimed 7 years after maturing.
Information on state government websites, Australian Taxation Office, and Services Australia could be useful in identifying unclaimed money.
Preventing Money from Becoming Unclaimed: Deposits, Updates, and Proactive Measures
One way to prevent money from becoming unclaimed is by making at least one deposit of any size once every 7 years.
Updating information with financial institutions and companies as necessary is also key to preventing money from being lost.
Keeping track of accounts, investments, and policies can also help individuals stay on top of their finances and avoid losing track of their money.
ASIC offers a free search for unclaimed money while other companies may ask for payment.
Individuals must lodge a claim if they find unclaimed money.
Records of unclaimed life insurance policies may have slightly different names from the policy owner to the insured.
ASIC provides the unclaimed money service solely for general information.