The Cost of Living Concession (COLC) is a yearly payment to help tenants and homeowners on low or fixed incomes with their general living expenses.

Supports include:

• You don't need to reapply if you received a COLC payment before and your living and income circumstances haven't changed.
• This concession is paid between August and December each year by electronic funds transfer (EFT).
• You must apply by 31 December to receive the COLC for that financial year.
• Assessment is based on your circumstances on 1st July of the relevant financial year.