When the money goes down the drain, what can you do?

The $2.4bn relief package for low-income tenants is expected to have the greatest impact on the elderly, with many seniors expected to receive up to $1,500 a week more in payments.

While it’s not immediately clear what percentage of the money will go to the elderly or the disabled, some senior citizens say they will benefit the most.

They are likely to get the biggest increase in payments, with up to an extra $2,000 for a family of three, with an additional $1.50 for a single person.

Photo: James Brickwood But it’s the younger residents, many of whom have been in debt for decades, who will be most likely to benefit the least.

Some of them will receive up $500 a fortnight less than their counterparts in other states, which is more than the $1 a week they would get under the old system.

“I think there will be a lot of people who are looking at what the situation is and trying to figure out how to get through,” senior member of the ACT Housing and Urban Development Committee (ASHUD) Peter Dyer said.

“And that’s a very difficult task for many of these people, particularly the ones who have been struggling for years.”

Senior citizen David Boulton said he had been struggling with the rent increase for two years, and was hoping to receive a more generous package than he would under the new system.

”If I had my druthers, I’d be really happy,” Mr Boulson said.

”The amount I’ve been getting is ridiculous, but I think I’m going to be getting a bit better.”

He’s also planning to go back to his council house and start paying his rent.

”I’m going back to my old council house,” he said.