$243.90 Australia Cost of Living Concession: As the cost of living rises, many Australians are looking for government financial support to help cover essential expenses. One of the most discussed financial aids is the Cost of Living Concession (COLC), a payment designed to assist low-income individuals and households with expenses such as energy bills, council rates, and medical costs. Recently, there have been claims about a $243.90 COLC payment in February 2025. But is this payment real? Let’s break it down, separate fact from misinformation, and help you understand how the COLC program works in Australia.
$243.90 Australia Cost of Living Concession
The $243.90 COLC payment in February 2025 is not confirmed. The last confirmed additional COLC payment was in June 2024 as a one-off winter support initiative. The regular COLC payments will continue as scheduled between August and December. For accurate updates, always check the official SA Government website and beware of misinformation or scams related to COLC payments.
| Aspect | Details |
|---|---|
| Payment Amount | The regular COLC payment is $255.60 per household. A one-off payment of $243.90 was made in June 2024 but is not confirmed for February 2025. |
| Eligibility | South Australian residents who hold a pension/concession card, receive Centrelink payments, or meet low-income thresholds. |
| Application Deadline | 31 December of the relevant financial year. |
| Payment Schedule | The annual payment is usually made between August and December. There is no scheduled February 2025 payment. |
| Official Information | Visit the SA Government Concessions Page for updates. |
Is There a $243.90 COLC Payment in February 2025?
As of now, there is no official announcement about a $243.90 Cost of Living Concession payment in February 2025.
- The most recent additional COLC payment of $243.90 was issued in June 2024 as a one-off winter relief measure for over 210,000 South Australian households.
- The standard annual COLC payments are distributed between August and December, and no February 2025 payment has been scheduled.
To stay updated, always check the official SA Government website.
Eligibility Criteria for the COLC
To qualify for the Cost of Living Concession, applicants must meet the following requirements as of 1 July of the financial year:
1. Residency Requirement
Must reside in South Australia.
The property must be their principal place of residence.
2. Eligible Concession Cards
- Pensioner Concession Card
- Veteran Gold Card
- Low-Income Health Care Card
- Commonwealth Seniors Health Card
3. Eligible Centrelink Payments
- JobSeeker Payment
- Youth Allowance
- Parenting Payment
- Special Benefit
- ABSTUDY & Austudy
- Farm Household Allowance
4. Low-Income Thresholds
- Single: Income up to $912.70 per fortnight (before tax)
- Single with children: Income up to $966.90 per fortnight
- Couples (combined): Income up to $1,696.60 per fortnight
For full eligibility details, visit the SA Government Concessions Page.
How to Apply for the $243.90 Australia Cost of Living Concession?
Eligible individuals must apply by 31 December of the relevant financial year. Follow these steps:
1. Complete the Online Application
- Apply via the SA Government’s online form.
2. Provide the Required Documents
- Centrelink Customer Reference Number (CRN)
- Veterans’ Affairs file number (if applicable)
- Recent electricity, gas, and water bills
- Notice of Emergency Services Levy Assessment (for homeowners)
- Bank details (BSB and account number)
3. Payment Processing
Once approved, payments are directly deposited into the applicant’s bank account between August and December each year.
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Frequently Asked Questions (FAQs)
1. Is the $243.90 payment real?
Yes, but it was a one-time payment in June 2024. No February 2025 payment has been confirmed.
2. When will the next COLC payment be made?
The standard COLC payments occur between August and December each year.
3. How do I check if I qualify for the COLC?
You can check your eligibility on the SA Government Concessions website.
4. Can renters receive the COLC?
Yes, renters who hold a concession card or receive eligible Centrelink payments can apply.
5. How do I update my bank details for COLC payments?
You can update your details via the SA Government online portal or contact the ConcessionsSA Office.
