Ftb decreases fortnightly
For months now my ftb changes on a fortnightly basis. I don't work, no partner and child support doesn't change that often and I'm not on disbursement method. My youngest has just turned 5 so my part b has dropped but is continuing to drop below the max rate and I don't know why. Centrelink staff just tell me it'll right itself come reconciliation time but it's getting to the point I'm having to do new fortnightly budgets because some fortnights it's a big drop. What exactly affects part b payment to make it drop. I understand my child support affect the other parts but I thought ftb wasn't
Re: Ftb decreases fortnightly
I've had 3 drops since the new financial year as well. I just put it down to the new rules which came into effect at the beginning of the financial year and the carbon tax repeal.
Re: Ftb decreases fortnightly
Does your FTB drop when your child turns 5?
Re: Ftb decreases fortnightly
Part b drops when your youngest turns 5
Ftbb isn't impacted directly by maintenance however if you have a perceived ftba overpayment due to maintenance/child support, all payments are adjusted (a,b, rent) to counter it. So changes in child support would be your most likely culprit