The $750 cash payment follows the previous $750 payment that was provided from 31 March 2020 as an early stimulus measures in response to the COVID-19 crisis.
According to a fact sheet from the Treasury, the second payment is expected to be made to around 5 million social security, veteran and other income support recipients as well as eligible concession cardholders.
Around half of those – about 2.5 million – are pensioners.
To be eligible for the second payment, individuals must be residing in Australia and be receiving one of the payments or holding one of the concession cards that were eligible for the first payment, except for those who are receiving an income support payment that is eligible to receive the coronavirus supplement.
It is expected that the second payment will be paid automatically into the accounts of eligible Australians from 13 July 2020.
Eligible recipients include anyone on the age pension, disability support pension, carer payment, parenting payment, wife pension, widow B pension, ABSTUDY, Austudy, bereavement allowance, Newstart allowance, youth allowance, partner allowance, sickness allowance, carer allowance, pensioner concession card, veteran service pension, and Commonwealth Seniors Health Card.
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