New COVID-19 relief schemes explained: a guide to the latest benefits

August 12th 2021 | Categories: Uncategorized |

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Australia-wide initiatives

The Pandemic Leave Disaster Payment (PLDP) is a program to support you if you find yourself in a situation where you are unable to earn an income because you are required to self-isolate, quarantine, or are caring for someone with COVID-19. The payment provides a lump sum of $1,500 per fortnight and you will need to meet certain criteria, which does vary between states and territories.

COVID-19 Disaster Payment (CDP) is available for workers who are adversely affected by a state public health order including a lockdown, hotspot or movement restrictions. Again, the eligibility criteria vary by state, as can the amounts.

In addition, Centrelink provides a one-off Crisis Payment for National Health Emergency payment for those affected by COVID-19. You would need to already be eligible for income support or in severe financial hardship and are required to quarantine or self-isolate or are caring for someone required to be in quarantine or self-isolation. You will only be able to access 2 Crisis Payments for National Health Emergency in a 6-month period.

 

You can find more resources and insights on managing finances during the Coronavirus pandemic on our COVID-19 response page.

 

New South Wales

 

Victoria

 

Queensland

 

Invest Blue clients Libby Smith and her partner Igor were one such couple thrown into disarray when the travel industry, within which Igor worked, was shuttered almost overnight. Learn how this couple found financial relief, despite COVID-19 disruptions.

 

Australian Capital Territory

While the ACT has a number of smaller support packages in place to help the community, the primary COVID-19 relief scheme available is the $1,500 Pandemic Leave Disaster Payment.

 

Northern Territory

Similar to other states, if you can’t earn an income because you need to self-isolate or quarantine for 14 days, or need to care for someone with COVID-19, you may be eligible for the $1,500 Pandemic Leave Disaster Payment offered to Territorians.

 

Western Australia

On top of the state’s one-off 2020 $600 electricity bill credit, WA now offers the Pandemic Leave Disaster Payment.

 

South Australia

In addition to PLDP, one-off grants of $300 are available to eligible workers required to self-isolate.

 

Tasmania

In addition to PLDP, grants are available to eligible low-income casual workers or self-employed Tasmanians required to self-isolate.

 

We understand this can be a stressful and challenging time. If you would like to discuss your financial position with one of our advisers, please don’t hesitate to reach out.

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What you need to know

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