Aware Super Logo

Home

Budget 2020-21

Supporting Pensioners

Section: 1.7

The Government proposes to provide two $250 economic support payments to be made from early December 2020 and early March 2021 to eligible recipients.

These payments are additional to the $9.4 billion in support provided through the two previous Economic Support Payments of $750 to social security and other eligible recipients.

This technical resource is intended for the use of financial advisers only. It is current as at the date of publication but may be subject to change. This publication has been prepared without taking into account a potential investor's objectives, financial situation, needs or objectives. Before making a recommendation based on this material, you should consider its appropriateness based on the client's objectives, financial situation and needs. Rainmaker Group is not a registered tax agent under the Tax Agent Services Act 2009. Your client should refer to a registered tax agent before relying on information published herein that may impact their tax obligations, liabilities or entitlements.

Last modified: Monday, October 26, 2020