National Rental Affordability Scheme (NRAS) – Incentive (indexation)
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National Rental Affordability Scheme (NRAS) – Incentive (indexation) [113.9 kB]
National Rental Affordability Scheme (NRAS) – Incentive (indexation) [99.8 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 for 2018-19 and 2017-18 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.
Incentive values
| Year | Contributed by | Amount |
|---|---|---|
|
2018/2019 |
Australian Government Contribution | $8,394.10 |
| State/Territory Contribution | $2,798.03 | |
| Total | $11,192.13 |
| Year | Contributed by | Amount |
|---|---|---|
|
2017/2018 |
Australian Government Contribution | $8,335.75 |
| State/Territory Contribution | $2,778.58 | |
| Total | $11,114.33 |
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