National Rental Affordability Scheme (NRAS) NRAS Incentive (indexation) 2011-12 cities 4.2% Increase in Introduction — Past NRAS Year The NRAS Incentive is indexed according to movements in the Rents component of the Housing Group Consumer Year Contributed by Amount Price Index for the year, December quarter to December Australian Government $7 quarter as at 1 March, using the weighted average rate of Contribution 143.00 eight capital cities housing component, and is effective $2 from 1 May. 2011/2012 State/Territory Contribution 381.00 Incentive values $9 Total 524.00 Rents Component Weighted average of eight capital — Rents Component Weighted average of eight capital cities 3.7% increase in 2013-14 — — cities 5.4% Increase in 2010-11 Current NRAS Year — Year Contributed by Amount Past NRAS Year Year Contributed by Amount Australian Government $7,763.00 Contribution Australian Government $6 2013/2014 State/Territory Contribution Contribution 855.00 $2,587.00 Total State/Territory $2 $10,350.00 2010/2011 Contribution 285.00 $9 Rents Component Weighted average of eight capital Total — 140.00 cities 4.8% increase in 2012-13 — Previous NRAS Year Year Contributed by Amount Australian Government $7,486.00 Contribution Rents Component Weighted average of eight capital — 2012/2013 State/Territory Contribution $2,495.00 cities 8.4% Increase in 2009-10 — Total $9,981.00 Past NRAS Years Year Contributed by Amount Rents Component Weighted average of eight capital —
National Rental Affordability Scheme (NRAS) 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 Rents Component — Weighted average of eight capital cities — 3.7% increase in 2013-14 Current NRAS Year Year Contributed by Amount 2013/2014 Australian Government Contribution $7,763.00 State/Territory Contribution $2,587.00 Total $10,350.00 Rents Component — Weighted average of eight capital cities — 4.8% increase in 2012-13 Previous NRAS Year Year Contributed by Amount 2012/2013 Australian Government Contribution $7,486.00 State/Territory Contribution $2,495.00 Total $9,981.00 Rents Component — Weighted average of eight capital cities — 4.2% Increase in 2011-12 Past NRAS Year Year Contributed by Amount 2011/2012 Australian Government Contribution $7 143.00 State/Territory Contribution $2 381.00 Total $9 524.00 Rents Component — Weighted average of eight capital cities — 5.4% Increase in 2010-11 Past NRAS Year Year Contributed by Amount 2010/2011 Australian Government Contribution $6 855.00 State/Territory Contribution $2 285.00 Total $9 140.00 Rents Component — Weighted average of eight capital cities — 8.4% Increase in 2009-10 Past NRAS Years Year Contributed by Amount
nras_incentive_indexation_factsheet_-_dss_template_0.docx