In response to the escalating cost of living, the Western Australian (WA) Government introduced a $700 Cash Boost in December 2024 to assist households and small businesses with mounting expenses, particularly electricity bills. This initiative is part of a broader strategy to ease financial strain on residents across the state.
Overview of the $700 Cash Boost
Aspect | Details |
---|---|
Purpose | Provide financial relief for electricity costs. |
Eligibility | WA residents using off-grid power, embedded networks, or shared electricity setups. |
Payment Amount | $700 per household or eligible business, disbursed in two parts. |
Automatic Payment | Available to Synergy and Horizon Power customers. |
Manual Application | Required for those with alternative electricity providers. |
Application Deadline | November 30, 2024. |
Additional Support | Includes student aid, free public transport, capped airfares, and more. |
Official Website | Western Australia Government Website |
This payment is vital for residents struggling with increasing electricity expenses or small businesses facing operational challenges. Understanding how to qualify and apply can help you access this important support.
Purpose Behind the Cash Boost
The $700 Cash Boost forms part of a $492 million cost-of-living relief package, aimed at countering the pressures of rising inflation and energy costs. Households relying on non-grid electricity sources often bear additional financial burdens. This program seeks to:
- Offset electricity expenses for vulnerable groups.
- Ease financial pressure on households and small businesses.
- Ensure equitable support for various energy users.
Who is Eligible for the $700 Cash Boost?
Eligibility is determined by residency and electricity supply type:
- Residency Requirement
Applicants must reside in Western Australia. - Electricity Supply Type
Eligible participants include those using:- Off-grid electricity systems (e.g., solar, wind energy).
- Embedded networks in apartments, caravan parks, or retirement homes.
- Sub-metering setups in shared properties.
- Regional power suppliers serving remote areas.
- Automatic vs. Manual Application
- Automatic Payment: Synergy and Horizon Power customers will automatically receive the payment.
- Manual Application: Required for users of other electricity providers or unique energy arrangements.
How to Apply for the $700 Cash Boost
Step 1: Identify Your Electricity Provider
- Synergy or Horizon Power customers: No action needed; payments are automatic.
- Other providers: Proceed to Step 2.
Step 2: Complete the Online Application