In Australia the Federal and State Support Payments were delivered. These support payments offer security and stability to the residents. Today we have an update for the State Support payment which is known as COLC. This COLC is Australia Cost of Living Concession which will be offered to South Australians annually. This is paid each year from August till December. This $243.90 is the additional COLC which was delivered in June 2024. $243.90 Australia Cost of Living Concession in November 2024 was delivered to the claimants who claim for the 2023-24 COLC.
This $243.90 COLC is part of the State Budget of 2024-25. As per this budget the 266.2 million Cost of Living Concession package will be delivered to the South Australians in 2024. This COLC is the additional payment that was delivered for the extra support for the south Australians. If we talk about this $243.90 COLC update for November then this is not reliable. In November the regular COLC for 2024-25 will be made and this 2024-25 Cost of Living Concession amount is $255.60.
$243.90 Australia Cost of Living Concession in November 2024
This $243.90 Australia Cost of Living Concession in November 2024 in South Australia is the financial relief program for the low fixed incomers. This additional $243.90 one off payment can help the south Australians with rising living expenses. As per the inflation the living costs and expenses have been raised for housing, food, energy and more items. This additional COLC in 2024-25 budget describes the financial support against inflation.
Those claimants who claim for the Cost of Living Concession in 2023-24 can claim for this $243.90 additional support. This $243.90 extra one off COLC was already delivered to the South Australians in June. Now this $243.90 does not exist but the regular COLC for 2024-25 exists and this 2024-25 Cost of Living Concession delivery will be from August till December. This means that in November the South Australians can claim this COLC but the amount will be $255.60.
Australia COLC In November 2024- Highlights
Title of the Post | $243.90 Australia Cost of Living Concession in November 2024 |
Year | 2024 |
Name of the Country | Australia |
Issuing Month | November |
Name of the Payment | Cost of Living Concession |
Issuing State | South Australia |
Australia COLC Eligibility 2024 | Qualified South Australians |
Objective | Financial Support |
Payment Frequency | One time Annual payment |
Australia Cost of Living Concession Payout Schedule 2024 | See this guide |
Post Category | Finance |
Official Web Page | www.sa.gov.au |
Australia COLC Eligibility 2024
- This $243.90 is the last COLC payment which was issued in June 2024.
- This $243.90 is the additional COLC as per the 2024- 25 State Budget.
- This $243.90 COLC was delivered to the South Australians who have received the COLC for 2023-24.
- The earnings limit is decided by the Australian Government for this additional COLC.
- The south Australians must hold the qualified centrelink payment and card.
- The claimant must not live with such a person who has the earnings over the limit provided by the South Australia Government.
- The additional COLC will be delivered to one person per household.
Australia Cost of Living Concession Payout Schedule 2024
This $243.90 was the last amount which was already paid in June 2024. This $243.90 is the additional COLC for the claimants of 2023-24 Cost of Living Concession. This $243.90 is part of the State Budget of 2024-25. This means that this $243.90 is not the regular amount for the 2024-25 COLC. But the $255.60 per household will be delivered as 2024-25 COLC. This regular Cost of Living Concession delivery for 2024- 25 will start from August till December. This means that $255.60 will be delivered in November as regular COLC for 2024-25.
Fact Check: $243.90 Australia COLC November 2024
$243.90 for November is not reliable. Each year the South Australia Government issues the annual payment for COLC from August to December. Like last year this year also the COLC will be delivered. But in 2024 the State Budget has two Cost of Living Concession payments. One payment is the regular COLC with an amount of $255.60 and the other payment is an additional one off Cost of Living Concession with the amount of $243.90 for the 2023-24 COLC claimants. This additional $243.90 was already delivered in June 2024. Now this $255.60 is being delivered from August till December. This means that $255.60 will be delivered in November. So this $243.90 for November is not reliable but $255.60 for November is reliable. But for 2024 these both amounts are reliable.
FAQ Related To $243.90 Australia COLC November 2024
This $243.90 is the additional one off COLC.
This $243.90 Cost of Living Concession was already delivered in June 2024.
No, this $243.90 is not reliable for November.
The 2023-24 Cost of Living Concession Claimants can claim the additional $243.90 COLC.
The 2024-25 regular COLC is $255.60.