Most useful information for apprenticeship

1. Top payments
2. Income Bank

What an Income Bank is

Your Income Bank allows you to earn credits where your income is less than $539 a fortnight.

1. Top payments
2. Income Bank

Who has an Income Bank

You have an Income Bank if you get a certain payment.

1. Top payments
2. 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.

Military invalidity pensions as an income stream

We assess military invalidity pension payments as income streams.

1. Assets test
2. Asset types

Private trusts and companies

If you’re part of a private trust or company, we need to know your share of the income and assets.

1. Youth Allowance for students and Australian Apprentices
2. 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.

Seasonal work preclusion period

This applies if you or your partner finished seasonal, contract or intermittent work within 6 months of submitting your claim.

1. Disability Support Pension
2. When you’ll get your first payment

Income maintenance period

This waiting period may apply if you or your partner have stopped work and got leave or redundancy payments.

1. Youth Allowance for students and Australian Apprentices
2. How to report and manage your payment

Change of circumstances while getting Youth Allowance for students and Australian Apprentices

You must tell us if things change when you’re getting Youth Allowance for students and Australian Apprentices as it may affect your payment.

1. Youth Disability Supplement
2. How to manage your supplement

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.