Income Support Bonus
A tax free payment to help people on some income support payments, continuing until December 2016 with the last instalment in September 2016.
- receiving certain existing payments to support your income such as Newstart Allowance, Youth Allowance and Austudy
To be eligible for Income Support Bonus, you need to be receiving any of the following payments:
- Farm Household Allowance
- Newstart Allowance
- Parenting Payment
- Sickness Allowance
- Special Benefit
- Youth Allowance
You do not need to do anything to get your Income Support Bonus.
If eligible, you will automatically receive your Income Support Bonus with your next payment, or in the payment that follows:
- after 20 March, and
- after 20 September
If eligible, you will receive:
- $111.50 if you are single
- $92.80 if you are partnered
This rate is not affected by your or your partner’s income. You do not have to pay tax on this payment.
If your usual income support payment is income managed, your Income Support Bonus will also be income managed.
Read more about Income Management.
Check your statement
To check whether you have received your Income Support Bonus, look at your Centrelink statement. You can access this using your Centrelink online account through myGov or the Express Plus Centrelink mobile app.
What to do if your account is overdrawn
There is support available to help you manage your money if you have overdrawn your bank, building society or credit union account.
Read more about what to do if your account is overdrawn.
Other government and support services
There are a range of other government organisations that provide support services and useful information you may find helpful.
MoneySmart offers free independent guidance to help people make the most of their money.