Changes to Newstart rates and thresholds

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
Partnered, each $496.70


Income test

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
Partnered, each $970.00

Newstart applicants will also be subject to an asset test.

For more information on Newstart, visit Humanservices.com.au

Written by Leon Della Bosca

Leon Della Bosca is a voracious reader who loves words. You'll often find him spending time in galleries, writing, designing, painting, drawing, or photographing and documenting street art. He has a publishing and graphic design background and loves movies and music, but then, who doesn’t?
Contact:
LinkedIn
Email

RELATED LINKS

Age Pension increases: 20 September 2018

How much more Age Pension will you receive?

Age Pension update: increases and changes from 20 September 2018

Changes to the Age Pension that will come into effect on 20 September 2018.

Rent assistance rates payable from 20 September 2018

The new payment rates and limits for rent assistance.



SPONSORED LINKS

LOADING MORE ARTICLE...