Example of income assessment
A single 16 year old client with a dependent child is getting Young Parent Payment and works for 2 weeks earning $282.00 gross in the first week and $380.00 gross in the second week.
To work out the income deduction:
Week 1 | Week 2 | |
Gross income (excluding cents) | $290.00 | $380.00 |
Less income allowed before benefit is affected (at 1 April 2026) | $284.70 | |
equals income | $5.30 | |
Amount benefit payment reduced on account of income Income over $284.70 reduces benefit by $1.00 per $1.00. | $5.00 |
To work out the benefit rate payable:
Maximum benefit (net at 1 April 2026) | $521.52 |
Less reduction due to income | $5.00 |
Benefit rate payable | $516.52 |
For more information see:
Legislation
- Rates and component of youth payment and young parent payment, and criteria for incentive payments Schedule 4, Part 6 Social Security Act 2018
- Calculation of income Schedule 3, clauses 11-14 Social Security Act 2018
