thread: FTB cutoff point

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  1. #1
    Registered User

    May 2010
    victoria
    436

    FTB cutoff point

    Does anyone know what your income has to be to not receive any assistance from Centrelink?

    I'm trying to get some sort of idea of what our finances will be like once bubs is here. I've done the online estimate, and if thats accurate we'll qualify for something. I know we're eligible for the baby bonus, but its payments such as FTB that I'm looking into.

    I know when I wasnt working part of last year I couldnt claim any assistance to look for work as DP's earnings were too high. I was told the cut off was $1600/fn, DP nets about $1650 so the gross amount was way over. Is the income cut off the same for FTB?

    I hope that makes some sort of sense. I'm just worried that we wont qualify for anything other the baby bonus, which will make things a little harder.

    TIA to anyone who can help

  2. #2
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    I think it is just over $105,000 per year? Go back to the online estimator and do it for the FTB payments and see what it tells you.

  3. #3
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    for one child, fortnightly payments cut out somewhere in the 90k range, the total cut off (including any end of financial year supplements) is around101k for one child

  4. #4
    Registered User

    May 2010
    victoria
    436

    Oh thank you so much Trillian and Briggy's Girl

    DP's earning are well under that luckily, even if he does receive a pay rise shortly. I'll go muck around on the online estimator now and see what it comes up with.

    Shame I cant qualify for PPL, I've done the 330 hours just not in 10 months as it asks for

    Seriously thanks again, I really appreciate your quick responses