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  1. #1
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    Default Is the cut off for FTB A too high?

    Whilst looking at the department of human services website, I noted that a family can earn over $100k and be entitled to receive FTB A. I incorrectly assumed that the cut off to receive welfare payments would be much lower.

    What do others think of families earning over $100k receiving FTB A?

  2. #2
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    It doesn't really cross my mind.

  3. #3
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    I don't think that is unreasonable.
    We earn too much to receive anything and I feel like that is fair because we are very comfortable.
    I am sure they have a lot of data on household incomes to come up with what is 'fair'.

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    Not sure. Depending on their responsibilities a family on $100,000 may also be in a tight pickle. I assume they wouldn't get the full amount?

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    I think you will find a family on $100k will only get a small amount if family tax a...I'd assume $10 or so a fortnight? Doesn't really phase me & their has to be a limit & I don't think $100k is a very wealthy family TBH.

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    It would only be a small amount. 100k is not a lot if you live in Sydney

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    Ftb is exactly what it says, a tax benefit. It's not welfare as such it's more a break on taxes you get in advance as generally one income earner is not working or earning very little. If two people were earning 50k each in a family they would each pay a lot less tax, than one person earning 100k

  8. The Following 2 Users Say Thank You to mmy2b For This Useful Post:

    F&A  (30-07-2013),shelle65  (31-07-2013)

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    Ftb isn't welfare. My friend husband earns 100k a year and they get $200 a fortnight for 3 kids. It also goes by what you earn before tax so those people don't see 100k in there pockets.

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    F&A  (30-07-2013)

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    My husband earns just under $150k a year and we still get $140 a fortnight this is usually used for things like nappies and after school activities. I don't really think about if we should have it or not because where we live it is a very high cost of living so every little bit helps. We weren't entitled to the baby bonus and rightly so but like pp have said ftb is not welfare.

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    I agree, we are on on a good income but we also pay an extreme amount in tax too. We don't get anything per fortnight but we do get a bonus at tax time which we use to lay by kids Xmas presents and buy them new clothes for the year. We have friends on around $100 k & it is not a huge income in my opinion for mum / dad 2 kids as an example. Especially if you live in mining towns like we used to, rent for a decent place can be $450 /$700 per week, groceries cost more, fuel cost more.


 

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