The Australian Government provides various Centrelink Payments to support its citizens financially. These payments can also be received in advance. Each type of Centrelink Payment has a specific advance amount. For 2024, there’s news about a Centrelink $1296.09 Advance Payout. We’ll look into which Centrelink payment this amount applies to and discuss the eligibility requirements. We’ll also cover the regular payment amounts for different Centrelink programs in this post.
Centrelink $1296.09 Advance Payout 2024
The Centrelink $1296.09 Advance Payout for 2024 is designed to help families who receive Family Tax Benefits (FTB). If you’re getting the base rate for FTB Part A for one child, you may be eligible for this advance payment. This advance is a one-time payment and is meant to provide additional support without putting financial pressure on your family.
The amount of the advance is up to $1,296.09, calculated at 7.5% of the annual rate. This means it’s a significant sum that can help cover immediate expenses. The goal of this advance is to give families extra financial relief when needed, without causing any undue hardship. Make sure to check your eligibility and apply by the given deadline to benefit from this support.
Overview
| Detail | Information |
|---|---|
| Title | Centrelink $1296.09 Advance Payment 2024 |
| Year | 2024 |
| Month | July |
| Country | Australia |
| Payment Name | Family Tax Benefit |
| Eligibility | Eligible Families and Children |
| Objective | Financial Aid |
| Frequency | Fortnightly |
| Advance Payment Amount | $1,296.09 |
| Category | Finance |
| Official Website | servicesaustralia.gov.au |
Payment Amount
We’ll break down the Family Tax Benefit Part A regular and advance payment amounts here. This covers the base rates, maximum rates, and additional supplement rates you can receive. Let’s take a look at the Centrelink Advance Payment Amounts for 2024:
- The Family Tax Benefit pays $71.26 every two weeks for each child.
- Maximum FTB Part A Payments:
| Age of Children | Fortnightly Payment Amount |
|---|---|
| 0-12 Years | $222.04 |
| 13-15 Years | $288.82 |
| 16-19 Years | $288.82 |
- FTB Part A Supplement Rates:
| Year | Annual Supplement Rate |
|---|---|
| 2024-2025 | $916.15 |
| 2023-2024 | $879.65 |
- FTB Part A Advances and One-Off Payments:
| Payment Name | Rate | Maximum Amount |
|---|---|---|
| Regular Advance | 3.75% of Standard Rate | $1,348.81 |
| One-Off Advance | 7.5% of Annual Rate | $1,296.09 |
Eligibility
Eligibility depends on income, residency, children’s ages, and their study needs. See the Family Tax Benefit eligibility below and check the Centrelink $1296.09 Advance Payout details for 2024.
| Category | Details |
|---|---|
| Child’s Age | 0 to 15 years |
| 16 to 19 Years | Must be enrolled in full-time secondary study or acceptable study |
| Residency Rules | Applicant: Australian Citizenship, Permanent Visa Holder, Special Category Visa Holder, Temporary Visa (Partner or Protection Visa) Children: Australian Citizenship, Permanent Visa Holder, Special Category Visa Holder |
| Care Requirement | Applicant must care for the child at least 35% of the time |
| New Residents | Must wait one year before receiving Family Tax Benefit Payment |
| Immunisation | Child must meet immunisation requirements |
| Income Limits | $65,189 or less: Full Family Tax Benefit $65,189 to $115,997: Reduced by 20 cents for each dollar over $65,189 Over $115,997: Reduced by 30 cents for each dollar over $115,997 |
| Income Limits for Base Rate | 1 Child (0-12 years): Up to $84,845 1 Child (13-15 or 16-19 years): Up to $93,550 2 Children (0-12 years): Up to $104,500 2 Children (13-15 or 16-19 years): Up to $113,205 |
| Advance Payment Eligibility | Available after 3 months if receiving: Age Pension, Carer Payment, Disability Support Pension, Farm Household Allowance, Job Seeker Payment, Parenting Payment, or Youth Allowance for Job Seekers |
Fact Check
The $1296.09 Advance Payout for 2024 from Centerlink has been formally approved and verified. Families who receive Family Tax Benefits Part A are the only recipients of this payment. It is a one-time advance, meaning families will get this payment just once. Rest assured, this advance is designed to be easy on your finances and should not cause any financial strain.
To find out if you qualify and to see the payment amounts, check the details provided above. For more information and updates about Centrelink Advance Payments, including eligibility criteria and how to apply, visit servicesaustralia.gov.au/advancepayments. This website offers comprehensive information and the latest updates to help you navigate the process.
FAQs
What is the Centrelink $1296.09 Advance Payout?
Families qualified to receive Part A of the Family Tax Benefits are qualified to receive this $1296.09 one-time advance payment. Its purpose is to offer further financial assistance.
Who is eligible for this advance payment?
The advance payment is available to families receiving Family Tax Benefits Part A. Eligibility criteria can be checked in the details provided above or on the Services Australia website.
When will the payment be made?
The exact date for the advance payment will be announced later. Keep an eye on official updates from Centrelink or the Services Australia website for the latest information.