National Rental Affordability Scheme (NRAS) – Incentive (indexation)

Introduction

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 2017-18 and 2016-17 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.

Incentive values

2017-18 NRAS Year
Year Contributed by Amount

2017/2018

Australian Government Contribution $8,335.75
State/Territory Contribution $2,778.58
Total $11,114.33

 

2016-17 NRAS Year
Year Contributed by Amount
2016/2017 Australian Government Contribution $8,286.03
State/Territory Contribution $2,762.01
Total $11,048.04

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