Australia $987.70 Allowance Update – Eligibility, Payment Dates and Amount

The Australian government offers various benefits to support its citizens, particularly those facing hardship. One such benefit is the $987.70 allowance, which provides financial assistance to unemployed job seekers and their families. This article will provide comprehensive information about the $987.70 allowance, including how to get it, eligibility criteria, payment dates, and other essential details.

Allowance

In Australia, the Social Security Administration provides a safety net for individuals seeking financial assistance during unemployment or while studying. The $987.70 allowance specifically supports young Australians actively seeking work and who meet the eligibility criteria. The exact amount you receive may vary based on the specific program and individual circumstances.

Youth Allowance Jobseeker

The Youth Allowance Jobseeker program is designed for young Australians who are actively seeking work. This program considers various factors such as age, employment status, study status, dependents, and rent. However, the $987.70 figure may be part of a tiered payment system within the program.

How to Get It?

To receive the $987.70 allowance, you must meet certain eligibility criteria and follow a specific application process:

1. Check Eligibility: Ensure you meet the required criteria for the allowance, such as age, employment status, and residency.
2. Gather Documents: Collect necessary documents like proof of identity, income, assets, residency status, and details of dependents.
3. Apply: Submit your application through your Centrelink account online, by phone, or in person at a Centrelink office.
4. Assessment: Centrelink will assess your eligibility and inform you of their decision. If approved, you will receive regular payments.

Eligibility

You must meet the following eligibility criteria to claim the $987.70 allowance in Australia:

• Age: Must be between 22 and 67 years old.
• Employment Status: Must be unemployed and meet the income and assets tests.
• Citizenship: Must be an Australian citizen.
• Activity Requirements: Must demonstrate actively seeking work or be enrolled in an approved study program.

For detailed income thresholds and asset test information, refer to the Service Australia website.

Dates

Centrelink payments, including the $987.70 allowance, are typically made fortnightly (every two weeks). The exact payment date depends on your Centrelink customer reference number (CRN):

• Odd Numbers: Payments are made on Wednesdays.
• Even Numbers: Payments are made on Thursdays.

You can check your specific payment dates through your Centrelink online account or the Centrelink app.

Amount

The $987.70 allowance is part of various Centrelink income support programs tailored to different situations. Here are some programs that may include this allowance:

JobSeeker Payment

Provides financial assistance for those aged 25 and over who are actively looking for work.

Youth Allowance Jobseeker

Supports young Australians aged 16-24 years who are actively seeking work while studying or taking a break from work.

Parenting Payment

Offers financial support to single parents or those in shared parenting arrangements.

Austudy

Provides financial aid for full-time students and Aboriginal and Torres Strait Islander students.

Disability Support Pension

Offers income support for people with disabilities who are unable to work full-time.

These programs provide a safety net to eligible individuals, helping them meet basic needs like food, rent, and utilities during unemployment or while studying.

All We Know

The $987.70 allowance in Australia is a Centrelink program designed to assist individuals facing unemployment, studying full-time, or dealing with special circumstances. The amount received depends on the specific program and individual circumstances. This financial support aims to meet basic needs and encourage job seeking, reduce poverty, and support education.

By providing these benefits, the Australian government strives to help citizens overcome financial hardship and improve their quality of life. For the latest updates and detailed information, visit the official Service Australia website.

FAQs