Earning money while on newstart

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Working Credit lets you keep more of your income support payment and benefits while you're working. Income Bank is like Working Credit but for full time students on:. We calculate it automatically when you report your income. This includes paid work and investments.

Check your Working Credit balance and history through your Centrelink online account. Once your Working Credit balance reaches zero your income support payment will start to reduce. Janine has been getting Newstart Allowance for 8 months without earning any income.

Janine has built up Working Credits. This means Janine gets some Newstart Allowance for that fortnight.

Changes to Newstart rates and thresholds - Centrelink

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Related services Youth Allowance. Who it's for Working Credit is for anyone getting: Youth Allowance as a job seeker Newstart Allowance Parenting Payment Disability Support Pension Sickness Allowance Carer Payment Wife Pension Widow Allowance Partner Allowance Bereavement Allowance Income Bank is like Working Credit but for full time students on: Youth Allowance Austudy ABSTUDY How it works Working Credit increases how much you can earn before we start reducing your payments.

Unemployment benefits and the minimum wage

You can build up a maximum of 48 Working Credits each fortnight. How it helps you Working Credit lets you earn more before we start to reduce your income support payment. Example Janine has been getting Newstart Allowance for 8 months without earning any income.

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Working Credit - Australian Government Department of Human Services

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