National Rental Affordability Scheme (NRAS) – Incentive (indexation)
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National Rental Affordability Scheme (NRAS) – Incentive (indexation) [293.8 kB]
National Rental Affordability Scheme (NRAS) – Incentive (indexation) [130.1 kB]
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
Rents Component — Weighted average of eight capital cities — 3.0% increase in 2014-15
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2014/2015 |
Australian Government Contribution |
$7,996.00 |
|
State/Territory Contribution |
$2,665.00 |
|
|
Total |
$10,661.00 |
Rents Component — Weighted average of eight capital cities — 3.7% increase in 2013-14
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2013/2014 |
Australian Government Contribution |
$7,763.00 |
|
State/Territory Contribution |
$2,587.00 |
|
|
Total |
$10,350.00 |
Rents Component — Weighted average of eight capital cities — 4.8% increase in 2012-13
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2012/2013 |
Australian Government Contribution |
$7,486.00 |
|
State/Territory Contribution |
$2,495.00 |
|
|
Total |
$9,981.00 |
Rents Component — Weighted average of eight capital cities — 4.2% increase in 2011-12
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2011/2012 |
Australian Government Contribution |
$7 143.00 |
|
State/Territory Contribution |
$2 381.00 |
|
|
Total |
$9 524.0 |
Rents Component — Weighted average of eight capital cities — 5.4% increase in 2010-11
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2010/2011 |
Australian Government Contribution |
$6 855.00 |
|
State/Territory Contribution |
$2 285.00 |
|
|
Total |
$9 140.00 |
Rents Component — Weighted average of eight capital cities — 8.4% increase in 2009-10
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2009/2010 |
Australian Government Contribution |
$6 504.00 |
|
State/Territory Contribution |
$2 168.00 |
|
|
Total |
$8 672.00 |
Rents Component — Base rate in 2008-09
|
Year |
Contributed by |
Amount |
|---|---|---|
|
2008/2009 |
Australian Government Contribution |
$6 000.00 |
|
State/Territory Contribution |
$2 000.00 |
|
|
Total |
$8 000.00 |
More information
For more information visit the National Rental Affordability Scheme.
Last updated: