Money Matters

: Written by Hillary Wilde; Last Updated: 29 October 2020; Hits: 2399

Australian 50, 100, 20, 10 and 5 dollar notes

The COVID crisis has had a massive impact on our economy. IDEAS have put together a series of articles to help you to manage your money in these challenging times.

Australia is officially in one of the biggest recessions it has ever faced with unemployment at an all-time high and many businesses closing their doors in this financial climate. As the Government phases out emergency income support like the Coronavirus Supplement and the JobKeeper and JobSeeker payments, people are going to find it harder than ever to make ends meet.

A recent survey from ACOSS found that from September 25, 4 in 10 people on JobSeeker will have less than $14 a day, after paying their rent. As 1.6 million people are facing extreme hardship, we know that people with disability are over-represented in terms of living in poverty and low-income households. We are here to help.

This series aims to point people to services and supports and to help people live within their means with cost-cutting measures during this time of financial crisis.

We get that this stuff is hard to navigate. If you need help finding a service or support in your area or want to find out more information about a payment or other financial help you may be eligible for, get in touch with us Monday to Friday between 8 am and 8 pm.

Phone: 1800 029 904
Text: 0458 296 602
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Or through the LiveChat button in the bottom right hand of this window.

You can also contact us on the COVID-19 Disability Information Helpline – 1800 643 787