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Newstart rates and thresholds 20 March

From 20 March 2018, Newstart Allowance rates and thresholds will be indexed. Find out if your payment will be affected.

Newstart Allowance payment rates from 20 March 2018

Family situation Payment rate (per fortnight)
Single, 22 or over, no children $545.80
Single, 22 or over, with children $590.40
Single, 60 or over, after nine months $590.40
Partnered, each $492.80

 

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 March 2018

Family situation

Payment cut-off threshold

Single, 22 or over, no children

$1053.34

Single, 22 or over, with children

$1128.84

Single, 60 or over, after nine months

$1139.17

Partnered, each

$963.50

Newstart applicants will also be subject to an asset test.

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

Related articles:
Is Newstart classed as income? 
PM urged to cut benefit payment

YourLifeChoices Writers
YourLifeChoices Writershttp://www.yourlifechoices.com.au/
YourLifeChoices' team of writers specialise in content that helps Australian over-50s make better decisions about wealth, health, travel and life. It's all in the name. For 22 years, we've been helping older Australians live their best lives.
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