The Federal Government will start paying out its new Household Assistance Payments, paying a total of $35 million to over 1.6 million Australian families over the coming months.

 

Families on Family Tax Benefit Part A will start receiving Clean Energy Advance payments of up to $110 for each child and families receiving Family Tax Benefit Part B will get up to $69. This payment will be paid straight into families’ bank accounts over the coming few weeks.

 

Pensioners, students and other eligible payment recipients are also set to receive increases in their support payments before the end of June. And in July Australian workers will benefit from new tax cuts.

 

Under the scheme, from next year the Federal Government will also offer:

  • A new Schoolkids Bonus for more than 1.3 million families - $410 a year for each child in primary school and $820 a year for each child in secondary school to help with education costs; and
  • A boost to Family Tax Benefit Part A for all 1.5 million eligible families - for families on the lowest incomes with two or more children an increase of $600 a year, and $300 a year for one child families.

 

 

More information on the Household Assistance Package can be found here