How a Work Bonus works
The Work Bonus reduces the amount of your eligible income that is calculated in the income test. This helps us work out your rate of payment.
Age component for loans under the Home Equity Access Scheme
Your age will help decide how much you can get under the Home Equity Access Scheme.
Interest rate for loans under the Home Equity Access Scheme
We charge an annual interest rate of 3.95% that compounds each fortnight on the Home Equity Access Scheme loan balance.
Repay your loan under the Home Equity Access Scheme
You can repay the loan you get under the Home Equity Access Scheme in part or full at any time.
How to claim JobSeeker Payment
Complete the following steps to claim JobSeeker Payment. Before you start, check if you can get it.
Work Bonus if you don’t work
If you don’t work you still accrue a bonus.
Income Apportionment Resolution Scheme
If you have a debt which may be affected by income apportionment, you can apply for the Income Apportionment Resolution Scheme.
Choosing between Carer Payment and Age Pension
In some situations, you can choose to get Carer Payment or Age Pension.
Supporting documents for Age Pension
When claiming Age Pension, we’ll ask you for some supporting documents to support your claim for Age Pension.
Residence rules for Age Pension
To be eligible for Age Pension you must meet the residence rules.