The Australian government provides various benefits to help citizens facing financial difficulties. One of these benefits is the $987.70 allowance, aimed at assisting unemployed individuals actively seeking jobs.
This allowance offers financial support to job seekers and their families, helping them cover their daily needs. Let’s dive into the details of the $987.70 Allowance in Australia, how to qualify for it, and more.
What is the $987.70 Allowance in Australia?
In Australia, the Social Security Administration offers a safety net for those needing financial assistance during unemployment or while studying. The $987.70 allowance is part of this safety net, specifically designed for young Australians actively seeking work. The exact amount you receive depends on the program you qualify for and your personal circumstances.
How to Qualify for the $987.70 Allowance?
To be eligible for the $987.70 allowance, you must meet certain criteria:
- Age: You must be between 22 and 67 years old.
- Employment Status: You must be unemployed and meet income and assets tests.
- Citizenship: You must be an Australian citizen.
- Activity Requirements: You must be actively seeking work or enrolled in approved study programs.
Additionally, the allowance may be given to caregivers responsible for dependent children, exempt from mutual obligations due to fostering, relative care, homeschooling, or large family size.
How to Apply for the Allowance?
Here are the steps to apply for the $987.70 allowance:
- Check Eligibility: Explore the Centrelink program you might be eligible for and check your eligibility.
- Gather Documents: Collect required documents such as proof of identity, income, assets, residency status, and details of your dependents.
- Apply: You can apply through your Centrelink account online, by phone, or in person.
- Assessment: Centrelink will assess your eligibility and inform you of their decision.
- Receive Payments: Once approved, you will receive regular payments.
Payment Dates
Centrelink payments are made fortnightly, meaning every two weeks. The exact payment date depends on your Centrelink customer reference number (CRN). If your CRN ends in an odd number, you will receive payments on Wednesdays. If it ends in an even number, you will receive payments on Thursdays. You can check your payment date on your Centrelink online account or app.
Different Types of Allowance Programs
The $987.70 allowance is not the only form of financial assistance available. Centrelink offers various programs based on different needs:
- JobSeeker Payment: For individuals aged 25 and over who are actively looking for work.
- Youth Allowance Jobseeker: For young Australians aged 16-24 actively seeking work or studying.
- Parenting Payment: For single parents or those in shared parenting arrangements.
- Austudy: For full-time students and Aboriginal and Torres Strait Islander students.
- Disability Support Pension: For people with disabilities who cannot work full-time.
The $987.70 allowance in Australia aims to support unemployed individuals and those in special circumstances by providing financial assistance. Depending on the program you qualify for and your personal situation, this allowance helps cover basic needs like food, rent, and utilities. The Australian government’s goal is to reduce poverty, encourage job searching, and support education through these benefits.