hi all
just wondering if anyone knows how rental assistance work? like is it a % of the rent you are getting charged?
how much would a single parent or a age pensioner get?
anyways basically want to increase rent as i cant keep giving out cheap rent no more and just need more info before i go in and hear sob stories
thanks
i read that now and i still dont get it
so every dollar after $151.34 a fortnight they will get it almost all of it back from rent assistance??
In that example, they only get the full $151.76/fortnight payment if they're paying $353.69/fortnight or more in rent.
Paying between $151.34/fortnight and $353.69/fortnight of rent, the amount they get paid is less than the maximum payment scaled to how much rent they pay. e.g. someone paying $160/fortnight in rent will get significantly less (probably close to $0) than someone paying $350/fortnight who will be getting close to the maximum payment.
If they're paying less than $151.34/fortnight in rent, then they don't get rent assistance.
That's how I understand it.
It's 75c for every dollar over the no payment limit.
(Rent Paid - No Payment Limit) * 0.75
thanks durd0008 thats the formula i was looking for
http://www.humanservices.gov.au/customer/services/centrelink…
Single, 1 or 2 children
Maximum payment per fortnight
$151.76
No payment if your fortnightly rent is less than
$151.34
Maximum payment if your fortnightly rent is more than
$353.69