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Insights

Financial Assistance and Recovery Support for Tropical Cyclone Alfred

Natasha Guarino
Published by:
Natasha Guarino
Published on:
March 13, 2025
Modoras Accounting (QLD) Pty Ltd ABN 81 601 145 215
March 17, 2025 Financial Assistance and Recovery Support for Tropical Cyclone Alfred

Tropical Cyclone Alfred has significantly affected communities and businesses. If you or your business have experienced direct impacts from the cyclone, various financial assistance and recovery support measures are available. The options outlined below provide guidance on eligibility and the application process to help ease the recovery journey.

Australian Government Support

  1. Disaster Recovery Payment
    A one-off payment is available to those severely affected. Eligible adults can receive $1,000, while each child may receive $400.
    Australian Government Disaster Recovery Payment
  2. Disaster Recovery Allowance
    This income support is designed for individuals who have lost earnings due to the cyclone.
    Check eligibility and apply
    Australian Government Disaster Recovery Payment

State-Specific Assistance

  1. Queensland Residents
    Support measures for Queensland include emergency and essential services hardship payments, provisions for replacing essential goods, and structural assistance grants for homes affected by the cyclone.
    Check eligibility and apply
    Australian Government Disaster Recovery Payment
  2. New South Wales Residents
    Assistance for NSW residents covers personal hardship, household goods replacement, and necessary home repairs.
    Check eligibility and apply
    Australian Government Disaster Recovery Payment

Financial Institution Support

  1. NAB Emergency Grants
    NAB is offering $1,000 emergency grants to customers directly affected by Tropical Cyclone Alfred.
    Apply for support
    Australian Government Disaster Recovery Payment
  2. If you bank with one of the other major institutions, additional disaster relief support is available:

Next Steps

  1. Review Eligibility: Confirm your eligibility by following the links provided for each support option.
  2. Submit Applications: Complete the necessary forms as soon as possible to secure the available financial support.
  3. Seek Professional Advice: Consider consulting with a Modoras Professional to understand how the support options align with your recovery needs.

Staying informed and acting promptly will help ensure you receive the assistance you need during this challenging time. Should you require further clarification or support, do not hesitate to reach out to the relevant agencies or your financial institution.

Stay safe and take care.

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