Aspire News & NRAS updates

We’ll publish relevant information about the NRAS and other useful articles around property investment 

NRAS Incentive Index for 2020-21

THE NRAS Incentive Index determines how much an investor will receive as the NRAS incentive for the year. It is taken from the Rents Component (weighted average of eight capital cities) of the December Consumer Price Index. Which shows a 0.2 per cent increase in 2020-21 [...]

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NRAS Market Index for 2020-21

The NRAS Market Index determines how much rent can be charged for NRAS dwellings compared to the previous year. The National Rental Affordability Scheme (NRAS) market rent is indexed according to movements in the Rents component of the Housing Group Consumer Price Index for the year, December [...]

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NRAS Income Index for 2020-21

Initial Household Income Limits for the 2020-21 NRAS year The initial household income limits for the 2020-21 NRAS year (i.e. the period 1 May 2020 to 30 April 2021) are: 2020-21 NRAS Year Initial Income Limit First adult $52,324 [...]

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COVID-19 - Update to Working Procedures

COVID-19: Important changes to how we manage your rental property   Update#1 from 25/03/2019. Information for Tenants. The situation is rapidly evolving and we'll provide regular updates on how the COVID-19 response impacts on how we manage your rental property. Toilet paper and plumbi [...]

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NRAS Income Index for 2019-20

NRAS Income Index for 2019-20   Initial Household Income Limits for the 2019-20 NRAS year The initial household income limits for the 2019-20 NRAS year (i.e. the period 1 May 2019 to 30 April 2020) are: 2019-20 NRAS Year Initial Income Limit [...]

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NRAS Market Index for 2019-20

NRAS Market Index for 2019-20 The NRAS market value rent is indexed according to movements in the Rents components of the Housing Group of the Consumer Price Index for the year, December quarter to December quarter as at 1 March, using the capital city index for the relevant state, rounded to the [...]

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