provided there is only FTB c'link don't care about it - it's only what the ATO deem income - so just make sure via ATO that none of it will be considered taxable (PLEASE CHECK THIS!) - if none is taxable, none has to be reported to C'link. i know with inheritance payments that go on debts, they generally don't count it as income - but if it's gifted it may be different
I am pretty sure that gifted funds are not counted as income, we were gifted funds by my MIL when we were buying our house, and the ATO said that they didnt need to know about it, unless, like the others say it earns you interest.
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