Coronavirus – Financial services and support
The Government is providing financial assistance to Australians to support them through the economic impact of the Coronavirus.
The JobKeeper Payment will continue until 28 March 2021 and is targeted support to those businesses and not-for-profits who continue to be significantly impacted by the Coronavirus.
The Government has also extended the payment period and adjusted the amount of its temporary Coronavirus Supplement for eligible income support recipients from 25 September 2020 to 31 March 2021.
The Government is temporarily allowing individuals affected by the Coronavirus to access some of their superannuation, extending access to 31 December 2020.
Eligible pensioners, seniors, carers and concession card holders have received two separate $750 Economic Support Payments. The Government will provide two additional Economic Support Payments of $250 each.
Retirees whose savings are being affected by financial market volatility can take advantage of a temporary reduction in minimum superannuation drawdown requirements.
Social security deeming rates have also been reduced in recognition of the impact of low interest rates on retiree savings.
If your finances have been impacted by COVID-19 and you are experiencing financial difficulty it is important to get help as early as possible.
Each person’s circumstances are different, and the choices you make today may have long-term implications for your financial future.
See our website for more information
How this service is delivered
Call or visit us online
See the Coronavirus website for full details.
More programs from Tasmanian Government
The Australian Government has activated the COVID-19 Disaster Payment for eligible workers affected by the Southern Tasmania lockdown.
The Tasmanian and the Australian Governments are working together to give safe COVID-19 vaccinations to the community.
Stay Healthy, Stay Connected
Stay Healthy, Stay Connected (SHSC) is a Tasmanian Government community Facebook Page bringing you COVID-19 updates and stories.