Income definition

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The National Rental Affordability Scheme (NRAS or the Scheme) seeks to increase the supply of affordable rental dwellings and reduce rental costs for low to moderate income households.

The purpose of this information sheet is to provide information on:

  • the definition of income for NRAS;
  • examples of income;
  • examples of exempt income; 
  • calculating the gross household income; and
  • examples of documentation evidencing gross household income.

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