Cost of Living concession payments being paid this week

Approximately 210,000 South Australian households will this week receive the State Government's Cost of Living Concession (COLC) payment of $255.60 paid direct into their bank accounts. 

These payments to households on low or fixed incomes, should be cleared in bank accounts by the end of August. 

The COLC is paid to one person per household, with assessment based on an individual's circumstances on 1 July. 

It is also noted that households don't need to reapply if they have received a COLC payment previously.

Applications can still be made for this financial year until 31 December 2024. 

Recipients must: 

• Live at the property
• Hold an eligible concession card, receive an eligible Centrelink payment, or meet low-income provisions

Applications for the COLC can be made through the South Australian Government website sa.gov.au -Cost of Living Concessions

Not only has the concession payment increased, for the first time tenants and eligible seniors will receive the same amount as homeowner-occupiers.