Rent Assistance Formula:
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Rent Assistance is a supplementary payment from Services Australia (Centrelink) to help eligible people with the cost of private rental accommodation. The amount you receive depends on how much rent you pay and your circumstances.
The calculator uses the Rent Assistance formula:
Where:
Explanation: Assistance is the lesser of either the maximum rate or the amount your rent exceeds the threshold.
Details: Rent Assistance helps low-income individuals and families afford private rental accommodation. The payment amount varies based on your rent amount, relationship status, and whether you have dependent children.
Tips: Enter the current maximum rate, your actual rent paid per fortnight, and the applicable threshold. All values must be valid positive numbers.
Q1: Who is eligible for Rent Assistance?
A: You may be eligible if you receive certain payments (like Age Pension, JobSeeker, or Family Tax Benefit) and pay rent above the threshold amount.
Q2: What are the current rates and thresholds?
A: Rates and thresholds change annually. As of 2023, the maximum rate is $184.80/fortnight for singles without children, with a threshold of $143.36.
Q3: Does board and lodging count as rent?
A: Only part of board and lodging payments may count as rent for Rent Assistance purposes.
Q4: How often is Rent Assistance paid?
A: It's paid fortnightly along with your main Centrelink payment.
Q5: What if I share accommodation?
A: Your Rent Assistance may be reduced if you share accommodation with non-dependents.