If you are not required to live on base, or you have dependents and there is no suitable Service residence available, you can rent a home on the private rental market and receive rent allowance. How much you pay depends on your rank, the number of bedrooms in the house or apartment and whether or not you are sharing. You can choose to rent at any amount, but the Commonwealth's contribution will be capped at a certain point. If there is live-in accommodation available which you choose not to use, you may receive a lower rate of assistance.
Service accommodation is provided by the Defence Housing Authority. If you have a spouse or dependants, or if you are single and the accommodation isn't being used, you may be able to receive assistance to live in Service accommodation. The amount you receive depends on your rank, the number of bedrooms and if you're sharing. A rent ceiling is also set for Service accommodation.
As a member of the Australian Defence Force (ADF), we might be able to help you purchase your own home, at competitive market rates with the Defence Home Ownership Assistance Scheme. This scheme enables members who have completed a minimum of four years continuous full-time service, or eight years effective Reserve service, to qualify for a subsidised home loan. The longer a member serves in the ADF, the greater the subsidy on the loan.
Membership of the super scheme is compulsory for new entrants to the ADF, with a minimum member contribution rate of 5% of a fortnightly salary. You can elect to vary your contributions to the scheme from the minimum 5% to a maximum of 10% every three months.
The Government contributes compulsory super at the rate of 18% for ADF members who have served up to 7 years. Between year 8 and 20, the contribution increases to 23%.
You'll also able to transfer amounts from other superannuation funds into this super scheme, make pre-tax member contributions and contributions for the benefit of your spouse.