The federal government’s second $750 coronavirus stimulus will hit pockets from 13 July, four months after it was announced to support Aussies struggling to get by during the worst economic downturn in decades.
The $750 is expected to be paid to around five million social security, veteran and other income support recipients and eligible concession card holders. Around half of those that benefit are pensioners.
The payment is exempt from taxation, and will not count as income for the purposes of social security, farm household allowance and veteran payments, according to Treasury documents.
Am I eligible for the second $750 payment?
You will be eligible for the $750 if you receive one of the following payments as of 10 July 2020:
Commonwealth Seniors Health Card
Disability Support Pension
Double Orphan Pension
Family Tax Benefit A
Family Tax Benefit B
Pensioner Concession Card.
Who doesn’t get the second $750 payment?
If you already receive the $550 Coronavirus Supplement, or are eligible for it, you will not receive the second $750.
This table shows who is eligible for what payment:
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