Other financial assistance
While the Government has announced some changes to superannuation in response to the current coronavirus pandemic, there are also a number of other financial assistance measures in place that you should be aware of. You can also access financial counselling services to help you navigate this period of uncertainty.
The following resources may be useful:
Australia.gov.au : this site is regularly updated to give you the latest Coronavirus news, updates and advice from government agencies across Australia.
Centrelink: using your myGov account, you may be eligible for certain income support and supplement payments which have been newly introduced or temporarily expanded. You can also visit Services Australia for more information on your entitlements.
National Debt Helpline: offers a range of services and assistance to help manage debt and offers a free financial counselling service.
Moneysmart: this is a government site that offers a range of information and support services to help you understand and manage your finances, including easy calculators and budget trackers. The site also has lots of information about available COVID-19 financial assistance.
Treasury.gov.au: includes information on coronavirus support for individuals and households.
Services Australia: a direct link to information on coronavirus financial support
Your bank: some banks are offering to suspend repayments for up to six months for home loans, personal loans and credit cards.
Utility companies: speak to your electricity and gas providers’ financial hardship department, as you may be able to set up a payment plan during this time.
State governmenmt and tenancy boards can offer information rent relief and your rights.