- Top payments
- Income Bank
What an Income Bank is
Your Income Bank allows you to earn credits where your income is less than $539 a fortnight.
- Top payments
- Income Bank
Who has an Income Bank
You have an Income Bank if you get a certain payment.
- Top payments
- Income Bank
How an Income Bank works
You can earn up to $539 a fortnight under the personal income test before we reduce your payment.
- Youth Allowance for students and Australian Apprentices
- How much you can get
Higher rates of Youth Allowance when living away from home - students and Australian Apprentices
You may get a higher rate of Youth Allowance if you need to live away from your parents' home. This can be to study, or do your Australian Apprenticeship.
- Youth Allowance for students and Australian Apprentices
- Who can get it
Allowable time for study while getting Youth Allowance
There’s an allowable time limit on how long you’ll get Youth Allowance. We base it on the minimum time it normally takes to complete your course as a full time student.
Military invalidity pensions as an income stream
We assess military invalidity pension payments as income streams.
Seasonal work preclusion period
This applies if you or your partner finished seasonal, contract or intermittent work within 6 months of submitting your claim.
Severe financial hardship provisions
We may reduce or waive your waiting period for a payment if you meet the severe financial hardship provisions.
Distance and online education
If you study by distance education, you need to do an approved course with an approved education provider.
Manage the money you get from your payment
We’ve got tips and tools to help you with budgeting, borrowing and credit, and managing debt.