National Rental Affordability Scheme (NRAS) – Incentive (indexation)
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National Rental Affordability Scheme (NRAS) – Incentive (indexation) [191.4 kB]
National Rental Affordability Scheme (NRAS) – Incentive (indexation) [102.4 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 2023-24 and 2024-25 are below. Historical NRAS Incentive amounts are found in the attached fact sheet.
NRAS Incentive values
|
2024-25 NRAS Year |
||
|---|---|---|
|
Year |
Contributed by |
Amount |
| 2024/2025 | Australian Government Contribution | $9,347.42 |
| State/Territory Contribution | $3,115.81 | |
| Total | $12,463.23 | |
|
2023-24 NRAS Year |
||
|---|---|---|
|
Year |
Contributed by |
Amount |
| 2023/2024 | Australian Government Contribution | $8,711.48 |
| State/Territory Contribution | $2,903.83 | |
| Total | $11,615.31 | |
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