Australians are set to receive a one-time $497 cost of living relief payment in April 2025 to help offset rising expenses from rent, groceries, healthcare, and utilities.
The payment, rolled out by the federal government, is targeted at Centrelink recipients and will be deposited directly into eligible individuals’ bank accounts between April 15 and April 30, 2025.
This initiative comes as part of a broader relief effort aimed at easing the financial pressure caused by inflation and economic instability.
Overview of the $497 Cost of Living Relief Payment
The payment does not require any application, making the process streamlined for beneficiaries. All you need to do is ensure your Centrelink details—especially your bank account information—are current and accurate.
Key Details of the Payment:
| Category | Details |
|---|---|
| Payment Amount | $497 one-time payment |
| Eligibility Date | Must be receiving a qualifying benefit as of March 31, 2025 |
| Payment Period | April 15 – April 30, 2025 |
| Eligible Recipients | Centrelink beneficiaries (see list below) |
| Application Required? | No – automatic payment |
| How to Prepare | Ensure Centrelink details and bank info are up to date |
| Administered By | Services Australia |
Who Qualifies for the $497 Payment?
This payment is targeted at Australians already receiving government financial support. The eligible groups include:
- Age Pension
- Disability Support Pension
- Carer Payment
- JobSeeker Payment
- Parenting Payment
- Youth Allowance (18+ and at home)
- Austudy
- Veterans’ Affairs Payments
- Pensioner Concession Card holders
If you’re receiving any of these Centrelink payments as of March 31, 2025, you’re automatically eligible to receive the $497 payment.
How and When Will You Receive the Payment?
The payment window is April 15 to April 30, 2025, and funds will be sent directly to your bank account linked to your Centrelink profile. There is no need to apply—eligible recipients will receive the payment automatically.
What You Should Do:
- Check eligibility based on your Centrelink benefit status.
- Log into myGov and confirm your personal and bank details are updated.
- Monitor your bank account between April 15 and April 30 for payment receipt.
How This Payment Supports Aussies
With the cost of essentials skyrocketing in recent months, this $497 relief offers critical help to many Australians who are:
- Struggling with grocery bills
- Managing rising rent prices
- Coping with high energy bills
- Paying out-of-pocket medical expenses
The payment can be used flexibly—to cover living costs, catch up on overdue bills, or prepare for upcoming household expenses.
Additional Support Measures Available
The federal government has introduced complementary relief programs to support low-income and vulnerable households:
- Energy Bill Rebates to manage electricity and gas costs
- Commonwealth Rent Assistance Boosts
- Education Support for school-related expenses
- Income-free threshold increases to allow more earnings before benefits are reduced
The $497 cost of living relief payment is a timely lifeline for many Australians dealing with rising financial pressure.
From food and rent to electricity and healthcare, this one-time support aims to ease the daily burden on vulnerable households.
If you’re a Centrelink recipient, ensure your details are up to date to receive the payment without delays. Stay proactive and take full advantage of this government assistance to navigate the challenges of 2025.
FAQs
Do I need to apply for the $497 payment?
No. The payment is automatic for those receiving an eligible Centrelink payment as of March 31, 2025.
When exactly will the payment be deposited?
Between April 15 and April 30, 2025, depending on your Centrelink payment schedule.
What if I changed my bank account recently?
Update your details immediately in your myGov account to ensure the funds are deposited correctly.