National Rental Affordability Scheme (NRAS) – Incentive (indexation)
The NRAS Incentive is indexed according to movements in the Rents component of the Housing Group Consumer Price Index for the year, December quarter to December quarter as at 1 March, using the weighted average rate of eight capital cities housing component, and is effective from 1 May.
Incentive values for 2016-17 and 2015-16 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.
|Australian Government Contribution||$8,286.03|
|2015/2016||Australian Government Contribution||$8,187.78|