Everyone who will get the $750 coronavirus payments
This story has been republished to reflect updated Treasury information.
The Australian government will make two sets of $750 economic support payments on 31 March and 13 July to support households struggling to stay afloat during the Covid-19 period.
The first set was announced on 14 March, while the second was outlined on 21 March.
The Australian government announced its $17.6 billion coronavirus stimulus package on 14 March, which included $750 cash payments for around 6.5 million Australians.
‘Cruelly exposed’: Casual workers ‘abandoned’ in rescue package
Casual workers: Woolworths, Telstra to pay casual staff amid Covid-19 crisis
Those Australians will receive the payment automatically from 31 March, with the majority to receive the boost by 17 April. It’s estimated to cost around $4.76 billion.
The majority of the tax-exempt payments will be targeted at Australians receiving the pension, with 2.4 million pensioners set to benefit.
Am I eligible for the first $750 coronavirus benefit?
You’ll receive the first payment if you receive one of these welfare payments:
Age Pension
Disability Support Pension
Carer Payment
Carer Allowance
Parenting Payment
Wife Pension
Widow B Pension
ABSTUDY (Living Allowance)
Austudy
Bereavement Allowance
Newstart Allowance
Youth Allowance
Partner Allowance
Sickness Allowance
Special Benefit
Widow Allowance
Farm Household Allowance
Family Tax Benefit A
Family Tax Benefit B
Double Orphan Pension.
And if you use one of these concession cards, you’re also eligible:
Pensioner Concession Card
Commonwealth Seniors Health Card
Veteran Gold Card.
On top of that, if you are receiving any of these Department of Veterans’ Affairs payments, you’ll also receive the $750:
Veteran Service Pension
Veteran Income Support Supplement
Veteran Compensation payments, including lump sum payments
War Widow(er) Pension.
Do I get more money if I receive more than one of these benefits?
Unfortunately, even if you claim more than one benefit you will only be eligible for one payment of $750 on 31 March.
Am I eligible for the second $750 coronavirus benefit?
Eligible Australians will receive the second $750 payment from 13 July. However, not everyone who received the first payment will receive the second.
That’s because if you are eligible for the $550 Coronavirus Supplement payments, you will not receive the second $750.
Here’s what that looks like:
Make your money work with Yahoo Finance’s daily newsletter. Sign up here and stay on top of the latest money, news and tech news.
Follow Yahoo Finance Australia on Facebook, Twitter, Instagram and LinkedIn.