Government Benefits

Thumbnail image for Family Tax Benefit & Tax Returns

We are seeing more and more people lately who have found themselves cut off from household Centrelink payments until  they or their partner lodge overdue tax returns. If you receive Family Tax Benefit and you or your partner have outstanding returns for any year you were receiving FTB, don’t wait until your ...

Read the full article →
Thumbnail image for Changes to Youth Allowance on the way

Apparently the Government have finally reached agreement regarding the passage of the Youth Allowance bill in the Senate (I posted a bit about this way back in July when it was first announced). This should see more than 150,000 students start to receive new scholarships from April 1st. It’s worth noting ...

Read the full article →
Thumbnail image for Centrelink Deeming Rates to Change

As the economy recovers from the global economic crisis, rates of return on investments are also beginning to increase. As a result, the deeming rates, which are used to assess income from a range of financial investments held by pensioners and other income support recipients, will also increase on 20 ...

Read the full article →
Thumbnail image for Pensions To Increase Later This Month

Approx. 4 million Australians will receive an increase in their pensions and other income support payments from 20 March due to indexation. Pension payments will increase by $29.20 a fortnight for singles on the maximum rate, and $44.00 a fortnight for couples combined on the maximum rate. Following these increases, total pension ...

Read the full article →
Thumbnail image for New Education Requirements for FTB A

From today, around 273,000 families will receive a letter from Centrelink to explain new requirements for Family Tax Benefit Part A for children aged 16 to 20. Legislation passed by the Parliament last week will make participation in education or training a requirement for payment of Family Tax Benefits for ...

Read the full article →
Thumbnail image for Miss out on a bonus payment?

If you did not receive a payment as part of the Economic Security Strategy (ESS) in December 2008 or the Household Stimulus Package (HSP) in March to April 2009, you may be eligible for payments under administrative schemes announced by the Government. Eligibility has been extended to include around 2,000 ...

Read the full article →

UPDATE: For current rates, see Family Tax Benefit Supplements 2011   One of the most common Centrelink-related questions this year seems to concern the FTB supplement…. or as most people call it the ‘$600 per child’ payment.  The Family Tax Benefit Part A and Part B Supplements are an increase in ...

Read the full article →