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

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

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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 2021-22 and 2022-23 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.

NRAS Incentive values

2022-23 NRAS Year
Contributed by Amount
Australian Government Contribution $8,376.42
State/Territory Contribution $2,792.14
Total $11,168.56

 

2021-22 NRAS Year
Contributed by Amount
Australian Government Contribution $8,343.05
State/Territory Contribution $2,781.02
Total $11,124.07

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