Financial Assistance for Families

Australian Government's Economic Security Strategy - Family Payments:

How much is the payment? Families will receive $1,000 for each eligible child in their care.

Who is eligible? Families who, on 14 October 2008:
  • were entitled to Family Tax Benefit Part A (FTB Part A) or
  • had a dependent child/children attracting Youth Allowance, ABSTUDY Living Allowance, or an education allowance under the Veterans’ Children Education Scheme or the Military Rehabilitation and Compensation Act Education and Training Scheme and who did not attract FTB Part A.

How much is the payment? Families will receive $1,000 for each eligible child in their care.

When and how will the payment be made? You do not need to do anything to receive your lump sum payment. In most cases, the payment will be made automatically to your bank account and a letter sent to you confirming the payment, during the fortnight 8 to 19 December 2008.

These arrangements also apply to families who receive their Family Tax Benefit Part A (FTB Part A) as fortnightly payments or who have chosen to defer their FTB Part A payment until the end of the year under a More Choice for Families option.

For families who receive their FTB Part A at the end of the financial year, the lump sum payment will be made at the same time as their FTB Part A payment.

If you share the care of your child or children and have at least 35 per cent care, you may be entitled to a portion of the lump sum payment. The payment will be shared according to your Family Tax Benefit or Veterans’ Children Education Scheme percentage for each child.

FREE fact sheet ==> Family Assistance for Families

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