In 2025, Australians facing financial strain due to rising living expenses are set to receive a one-time $243 Cost of Living Boost.
This non-taxable support payment is being delivered as part of broader efforts to help low-income households manage inflation-driven challenges such as increased rent, groceries, and utility bills.
This $243 payment is especially helpful during the start of winter months when expenses typically rise due to heating and energy use.
Who’s Eligible for the Cost of Living $243 Payment?
The $243 Cost of Living Payment is targeted at concession holders and low-income residents. You may be eligible if you meet one of the following:
- Receive the Age Pension
- Get the Disability Support Pension (DSP)
- Receive the Carer Payment
- Hold a Commonwealth Seniors Health Card
- Hold a valid low-income Health Care Card
- Receive JobSeeker or Parenting Payment
- Be a recipient of Family Tax Benefit A or B
Only one payment per household is allowed, regardless of the number of eligible residents.
When Will the $243 Be Paid?
The $243 Cost of Living Boost is scheduled to be paid out in late April to early May 2025. The specific date can vary depending on your benefits and the processing system.
Those who received a similar concession in the previous year will get this new payment automatically.
Key Payment Details at a Glance
Here’s a quick overview of what you need to know:
| Category | Details |
|---|---|
| Payment Amount | $243.00 (one-off) |
| Who Gets It | Eligible concession holders, low-income residents |
| Payment Dates | Late April – Early May 2025 |
| Application Needed? | No (automatic if previously eligible) |
| How Paid | Direct deposit into linked bank accounts |
| Taxable? | No – payment is tax-free |
How to Ensure You Get Paid
Here are a few simple steps to make sure your $243 payment is not delayed:
- Check Eligibility: Make sure you’re receiving one of the eligible payments or holding a valid card.
- Update Your Details: If you’ve recently changed your bank account or address, update it in myGov or through Centrelink.
- Monitor Communications: Keep an eye out for emails, letters, or messages through your Centrelink portal.
What If You Haven’t Received It?
If you don’t see the payment by May 10, 2025, and believe you’re eligible:
- Contact Centrelink or check your myGov account for updates.
- Verify your eligibility status.
- Make sure your payment details are up to date.
Additional Relief Measures
This Cost of Living payment is part of a broader cost-of-living support package. Other financial support may include:
- Energy rebates for households with high utility costs.
- School fee reductions or vouchers for families with children.
- Rent assistance increases for eligible renters.
The $243 Cost of Living Boost is a timely financial lifeline for Australians grappling with rising expenses. With no application required and automatic payments to those who qualify, it’s a straightforward way to ease pressure on household budgets. Make sure your information is up to date so you don’t miss out on this much-needed support.
FAQs
Do I need to apply for the $243 payment?
No. If you’re already receiving an eligible benefit, the payment will be made automatically.
Can more than one person per household get the payment?
No. Only one $243 payment per household is issued, even if multiple people are eligible.
Is this payment considered taxable income?
No. The $243 cost-of-living boost is non-taxable and does not affect other Centrelink benefits.