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A payment of A$6.00 per fortnight for those receiving certain Centrelink payments, to help cover the cost of prescription medicines. The amount covers the cost of one prescription per fortnight for a concession card holder eligible for the concessional rate of medicines (A$5.90 per script from 1 January 2013).
Centrelink logo until 2012. The Centrelink Master Program, or more commonly known as Centrelink, is a Services Australia master program [2] of the Australian Government.It delivers a range of government payments and services for retirees, the unemployed, families, carers, parents, people with disabilities, Indigenous Australians, students, apprentices and people from diverse cultural and ...
Services Australia, formerly the Department of Human Services and before that the Department of Social Security, is an executive agency of the Australian Government, responsible for delivering a range of welfare payments, health insurance payments, child support payments and other support services to eligible Australian citizens and permanent residents. [6]
Released in May 1995, Developing a Framework for Benchmarks of Adequacy for Social Security Payments: Policy Discussion Paper No. 6 was the department's first attempt to assess conceptual and methodological issues in assessing the adequacy of social security payments. [26] The report resulted in the Budget Standards Project.
The total of the wages paid reported on the PAYG summary and the total amount withheld must agree with the totals as reported by the payer to the ATO on the Business Activity Statements (BASs) for the year. The ATO will use the information on the PAYG payment summary to match with the employee, using the employee's TFN.
The Cashless Welfare Card, also known as the Indue Card, Healthy Welfare Card or Cashless Debit Card, is an Australian debit card, trialled by the Australian Government from 2016 onwards, which quarantines income for people on certain income support payments [1] to "encourage socially responsible behaviour" [2] by not allowing the owner to purchase alcohol, gamble or withdraw cash.
Austudy Payment is a Commonwealth Government of Australia income support payment for students above the age of 25 years of age, paid under the Social Security Act 1991. It commenced operation on the 1 July 1998. Students below the age of 25 years are paid Youth Allowance. Austudy is adjusted on January 1 in line with 12-month changes in ...
An employee may request that their employer makes all or part of future payments of earnings into superannuation in lieu of making payment to the employee. Such an arrangement is known as "salary sacrifice", and for income tax purposes the payments are treated as employer superannuation contributions, which are generally tax deductible to the ...