Millions of Australians will receive an extra $750 in their bank account in two weeks as part of the government’s second COVID-19 cash splash.
The Economic Support Payment (ESP) will be given to eligible government benefit recipients, including retirees and families, from July 15.
The cash injection is part of the government’s financial support for Australians affected by the coronavirus pandemic.
Millions of Australians will receive an extra $750 in their bank account in two weeks as part of the government’s second COVID-19 cash splash (stock image)
Second Economic Support Payment
You may get the second Economic Support payment if you’re living in Australia and receive 1 of the following on 10 July 2020:
Commonwealth Seniors Health Card
Disability Support Pension
Double Orphan Pension
Family Tax Benefit A
Family Tax Benefit B
Pensioner Concession Card.
Recipients must live in Australia and have an eligible payment or concession card on July 10.
‘If you’re eligible, we’ll pay it straight into your bank account. You don’t need to do anything,’ the government website reads.
Australians on the Age Pension, Bereavement Allowance, Carer Payment, Disability Support Pension and Family Tax Benefit are among the eligible recipients.
Those who are not eligible for the second ESP may be able to access the Coronavirus Supplement.
The money will be paid from July 15 and should drop into eligible accounts by the end of July.
Those on the JobSeeker Payment, Newstart Allowance, Parenting Payment and Youth Allowance are among those who are not eligible for the second $750 payment, as the government has shortened its list.
The Economic Support Payment (ESP) will be given to eligible government benefit recipients, including retirees and families, from July 15. Pictured: Elderly shoppers are seen at a Coles supermarket in Sydney