Working Credit encourages people of workforce age who get income support payments to take up full-time, part-time, or casual work by allowing them to keep more of their income support payments while working.
It also makes it easier for people to get their income support payments and benefits back if a short-term job ends.
Full-time students who get Youth Allowance, Austudy or ABSTUDY are eligible for Student Income Bank instead of Working Credit.
Building Working Credits
When you have little or no income you will automatically build up working credits. When your total income (including income from paid work and investments) is less the $48 per fortnight, you build up working credits. You can build up to a maximum of 3,500 working credits for job-seekers on Youth Allowance and 1,000 working credits for job-seekers on Newstart Allowance.
You build one working credit for every dollar under $48 of total income per fortnight.
You use your working credits when you have earnings. Your working credits increase the amount you can earn before your income support payment is effected.
We will automatically work out your payment for you, taking into account the amount you earn before your payment is reduced and your working credit balance.
Benefits after you start working
Even after you have used up all your working credits, and your income from work makes your income support payment $0, you may be able to keep your concession card and some other benefits for up to 12 weeks.
If you are a single and principal carer of dependent child/children you may be entitled to a Health Care Card for a further period of up to 26 weeks.
The benefits you can keep depend on your individual situation, but may include your Pensioner Concession Card or Health Care Card, Family Tax Benefit Part A and Child Care Benefit at the non-income tested rates, Language Literacy and Numeracy Supplement, and Telephone Allowance.