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  1. #11
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    Ok thanks does anybody know how much then parents can earn?

    She has been looking on and off for work since she could @ 14 o_O

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    I think you'd be best to give centrelink a call and find out what the threshold is. It's not just income, they also take into account assets for some payments (so if you have heaps of money sitting in a savings account, they'll tell you you have to spend that first before they'll give you anything). It's different for everyone depending on the situation.

  3. #13
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    and all that the Lorax left here in this mess was a small pile of rocks with the one word...UNLESS
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    Quote Originally Posted by DarcyJ View Post
    No, they're two different payments. Newstart if you're looking for work, Youth Allowance if you are in full time study. If you are a mature-age student (over 25) you get Austudy instead of YA.

    With any centrelink payment, parents income will be taken into account unless they can be classified as independent.
    They are two different payments, but you can't be eligible for Newstart until you are over 22 (from what I can gather from the human services website). So it looks like the only payment which the 18year old in the OP's post could possibly be eligible for is Youth allowance if she can meet independence criteria. The OP has stated that she is looking for a job, but she couldn't apply for Newstart as she doesn't meet eligibility criteria given that she is under 22

    You cease to be able to claim Youth Allowance after you are 24.

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    This is the link to the details of the parental income and assets criteria if your child is not eligible to be deemed independent.

    Parental Means Test

    If you are deemed as a dependent the Parental Means Test applies to you.

    There are three parts to the Parental Means Test:
    •Parental Income Test
    •Family Assets Test
    •Family Actual Means Test.

    Parental Income Test

    The Parental Income Test includes:
    •combined parental taxable income
    •child support
    •fringe benefits received from employers
    •income from outside Australia
    •reportable superannuation contributions, and
    •net investment losses.

    If your parents’ taxable income for the 2011-2012 financial year is $47,815 or less, your payments will not be affected by the income test. The rate of payment is reduced by 20 cents for every dollar over the threshold.

    If your parents have other dependent children and their income exceeds $47,815, your sibling's circumstances may affect your rate of payment.

    Either the Parental Income Test or the Personal Income Test (if applicable) will be applied depending upon which one has the greater effect on your payment.

    In some circumstances (i.e. when parental income decreases or increases substantially) the Parental Income Test will take into account your parental income in the current tax year.

    Students who need to provide us with their parents’ or guardians’ taxable income, for their annual assessment please complete the Advise Parental Income form online.

    Family Assets Test

    The Family Assets Test takes into account personal, business and farm assets. The test is based on how much your family would receive for the assets if they sold them, less any debts or mortgages they owe. A 75 per cent discount is applied to business and farm assets. No payment can be made if your family's assets exceed the threshold of $627,000.

    Family Actual Means Test

    The Family Actual Means Test (i.e. family spending and savings) applies if one or both of your parents in the previous financial year:
    •had an interest in a trust, private company or unlisted public company
    •were self—employed (except as a sole trader engaged wholly or mainly in primary production) or a partner in a partnership
    •earned in excess of A$2,500 (including tax exempt from income) from a source in Norfolk Island or outside Australia
    •were a wage or salary earner who claimed or will claim a tax deduction for a business loss (whether current or carried forward) that does not consist of a net investment loss in partnership income tax returns
    •had an interest in assets held outside Australia in excess of A$2,500, or
    •is a migrant who first entered Australia under a business skills category (business migrant) in the last 10 years.

    Where the Family Actual Means Test applies, details of all personal spending and savings by parents and all dependent family members must be supplied to Centrelink. This assists us to measure what was spent and saved in the previous financial year. Centrelink will add the appropriate level of tax (including the Medicare levy) to the total spent and saved. This figure is the amount used for the Parental Means Test calculation.

    If there has been a substantial decrease in spending and savings, in certain circumstances family actual means in the current tax year may be used.

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    i have a 16yr old brother and we are unable to get youth allowance for him as he is living at home, and my 17yo brother he is still at school, and also unable to get youth allowance, my brothers girlfriend had moved out at one stage but due to living with her parents was an unhealthy environment she was entitled to youth allowance however her mum had to admit to the issues that arose at home, youth allowance isn't what it was like 8-10yrs ago, instead the parents can apply to get a certain amount which goes into their account


 

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