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 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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