Strategy Text

Page 20

23. Centrelink Rent Assistance We recommend that in addition to applying for <Centrelink allowance / pension>, you may also be eligible for rent assistance. If you receive certain payments from Centrelink such as age pension, you do not need to submit a claim for rent assistance. Centrelink will check if you are eligible for rent assistance. Centrelink will ask for a copy of a formal tenancy agreement. They may also send you a Rent Certificate to complete and return. They use this to confirm how much rent you pay. Benefits:  

Rent assistance is paid by Centrelink when you receive certain payments or receive more than the base rate of Family Tax Benefit. These payments will help in paying your rent bills / board / lodgings / retirement village fees.

Points to Consider:   

You will need to provide Centrelink with evidence of your rent such as the rental contract. Centrelink payments are subject to legislative change which may impact the amount of your entitlement in the future. You must notify Centrelink of any significant changes, including a change of address within 14 days, for a review of your entitlements.

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Re-contribute to your Superannuation....................................................................................57

2min
page 77

Invest using a Model Portfolio.................................................................................................56

3min
page 76

Establish your Powers of Attorney...........................................................................................27

1hr
pages 38-75

Establish your Will/s................................................................................................................26

2min
page 36

Review your Will/s...................................................................................................................27

3min
page 37

Establish your Estate Plan........................................................................................................25

2min
page 34

Review your Estate Plan..........................................................................................................25

2min
page 35

Use your Home Equity to Invest..............................................................................................24

3min
page 33

Repay your Non-Deductible Debt............................................................................................24

2min
page 32

Commence a Regular Gearing Strategy...................................................................................23

3min
page 31

Increase your Loan Repayments..............................................................................................22

3min
page 30

Establish a Loan Offset account...............................................................................................22

3min
page 28

Increase the Frequency of your Loan Repayments..................................................................22

3min
page 29

Implement a Debt Recycling Strategy......................................................................................21

2min
page 27

Commence an Investment Portfolio with a Margin Lending Facility........................................20

3min
page 25

Consolidate your Debt.............................................................................................................20

3min
page 26

Apply for Rent Assistance........................................................................................................19

3min
page 24

Maintain your Pension Bonus Scheme....................................................................................18

2min
page 23

Apply for Parenting Payment...................................................................................................18

3min
page 22

Apply for Jobseeker Payment..................................................................................................17

3min
page 21

Gift $XXX to increase your Centrelink Entitlements.................................................................17

1min
page 20

Apply for Department of Veterans’ Affairs (DVA) Entitlements...............................................16

1min
page 19

Apply for a Disability Support Pension.....................................................................................15

2min
page 18

Apply for the Commonwealth Seniors Health Care Card (CSHCC)...........................................14

1min
page 17

Apply for a Carer Payment.......................................................................................................13

3min
pages 15-16

Apply for Carer’s Allowance.....................................................................................................13

2min
page 14

Cash flow monitoring...................................................................................................................10

3min
page 8

Consolidate Cash...........................................................................................................................9

2min
page 6

Term Deposit Renewal.................................................................................................................12

3min
page 11

Apply for Austudy....................................................................................................................13

2min
page 13

Apply for a Low-Income Health Care Card (LIHCC)..................................................................12

3min
page 12

Surplus Cashflow.........................................................................................................................11

2min
page 9

Term Deposit...............................................................................................................................11

1min
page 10

Establish a Budget for your Cash Flow.........................................................................................10

1min
page 7
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