From 20 September 2018, Newstart Allowance rates and thresholds will be indexed. Find out if your payment will be affected.
Newstart Allowance payment rates from 20 September 2018
|Family situation||Payment rate (per fortnight)|
|Single, 22 or over, no children||$550.20|
|Single, 22 or over, with children||$595.10|
|Single, 60 or over, after nine months||$595.10|
Under the income test applied to the Newstart Allowance, you can earn up to $104 per fortnight pre tax, before your payment is affected.
For income levels above $104 but less than $254 per fortnight, your payment will be reduced by 50 cents for every dollar you exceed the threshold. For income above $254 per fortnight your payment reduces by 60 cents until you reach the cut-off threshold.
Newstart Allowance thresholds from 20 September 2018
|Family situation||Payment cut-off threshold|
|Single, 22 or over, no children||$1060.67|
|Single, 22 or over, with children||$1136.67|
|Single, 60 or over, after nine months||$1147.00|
Newstart applicants will also be subject to an asset test.
For more information on Newstart, visit Humanservices.com.au