Finance

$250 Centrelink payment explained | 7NEWS.com.au

Millions of Australians will claim a $250 Centrelink payment in March 2021.

The Economic Support Payments were originally unveiled as part of the 2020-21 budget and will be paid to those most impacted by the coronavirus pandemic.

Here’s everything you need to know about the $250 Centrelink payment, how you can claim it, and when you will receive it.

Who is eligible for the payment?

To receive the payment, you need to already receive an eligible payment or card, including the following:

  • Age Pension
  • Carer Allowance
  • Carer Payment
  • Commonwealth Seniors Health Card
  • Disability Support Pension
  • Double Orphan Pension
  • Family Tax Benefit
  • Pensioner Concession Card

National Seniors Australia has also advised self-funded retirees to check their eligibility for the Commonwealth Seniors Health Card, and therefore their ability to claim the handout too.

Tens of thousands of Australians may miss out on two $250 cash payments from the federal government. File image. Credit: Jenny Dettrick/Getty Images

Generally, those who get $1 or more of the Coronavirus Supplement will not receive the payment.

How much is the Economic Support Payment?

The Economic Support Payment is a $500 handout, split into two $250 payments. The first has already been distributed but you can still access the second payment.

When do you receive the economic support payment?

Eligible Australians will receive $250 from March 2021.

The one-off payment will only be issued once, even to individuals who qualify for more than one payment or card.

How do I access the $250 payment?

Payments will automatically be paid into the bank accounts of eligible Australians.

Australians could miss out on $250 in coronavirus support payments if they don’t lock in their eligibility in the next two days.
Australians could miss out on $250 in coronavirus support payments if they don’t lock in their eligibility in the next two days. Credit: Traceydee Photography/Getty Images

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