The Australian Government offers various Centrelink Payments for the Financial Aid of the Citizens. These Payments are also made in advance by the Australian Government. Each Centrelink Payment has a distinct amount for Advance Payments. There is news for Centrelink $1,296.09 Advance Payment 2024. We will see this $1,296.09 amount is for which centrelink payment and we will discuss the eligibility criteria for that centrelink Payment. Also we will know the regular payment amounts for centrelink payments in this post.
Centrelink $1,296.09 Advance Payment 2024
This Centrelink $1,296.09 Advance Payment 2024 is for the Family Tax Benefits Advance. The families who get the FTB can receive the advance payment. This advance payment will be paid if the FTB Part A Fortnightly Rate is the base rate for the one child. This advance payment is also based on the repayment and this repayment should not cause any financial hardship to the family. This Advance payment should be paid for one time and 7.5% is the rate for the payment and this 7.5% is from the Annual Rate. Up to $1,296.09 can be provided as one off advance payment to the eligible families.
Australia Centrelink Benefit 2024- Overview
| Title | Centrelink $1,296.09 Advance Payment 2024 |
| Year | 2024 |
| Month | July |
| Country | Australia |
| Name of the Payment | Family Tax Benefit |
| Centrelink $1,296.09 Advance Payment Eligibility 2024 | Eligible Families and Children |
| Objective | Financial Aid |
| Frequency of the Payment | Fortnightly |
| Centrelink Advance Payment Amount 2024 | $1,296.09 |
| Category | Finance |
| Official Web portal | servicesaustralia.gov.au |
$1,296.09 Centrelink Advance Payment Eligibility 2024
The Suitability Criteria is determined by the income limits, residency rules of your and your children, age of the children, study requirements of the children. The Family Tax Benefit regular Eligibility is provided below. Also Check the Centrelink $1,296.09 Advance Payment Eligibility 2024 which is given below:
- The Children’s age must be 0 to 15 years.
- The Children whose age is 16 to 19 years must enrol in full time secondary study or must have acceptable study.
- Here are the residency rules for the applicant and the children:
| Applicant | Children |
| Australian CitizenshipPermanent VisaholderSpecial Category VisaholderTemporary Visa which is Partner provisional or protection type visa. | Australian CitizenshipPermanent VisaholderSpecial Category Visaholder |
- The applicant must care for the child for 35% of his/her time.
- The newly residents must wait for one year to get this Family Tax Benefit Payment.
- The child for whom you are applying for must meet the immunisation requirements.
- These are the limits for Income:
| Income Limit | Description |
| $65,189 or less | Will get full Family Tax Benefit |
| $65,189 to $115,997 | 20 Cents will be reduced for each dollar above $65,189 |
| over $115,997 | 30 Cents will be reduced for each dollar above $115,997 |
- These are the Income Limits where the Base Rate will be paid.
| Number of Children | Age of the Children | Income Limit |
| 1 | 0- 12 Years | $84845 |
| 1 | 13-15 years or 16-19 years | $93550 |
| 2 | 0- 12 Years | $104500 |
| 2 | 13-15 years or 16-19 years | $113205 |
- The Advance Payment can be received after the 3 months of receiving any of the following Payments:
| Age Pension, Carer Payment, Disability Support Pension, Farm Household Allowance, Job Seeker Payment, Parenting Payment, Youth Allowance for Job Seekers. |
Centrelink Advance Payment Amount 2024
Here we will see the regular and advance payment amounts for the Family Tax Benefit Part A. This includes the base rates, maximum rates and supplement rates for the Family Tax Benefits. Let’s see Centrelink Advance Payment Amount 2024:
- The Fortnightly Base rate for the Family Tax Benefit is $71.26 per Children.
- The Maximum Rates which can be paid for the FTB Part A are given in below table:
| Age of Children | Fortnightly Payment Amount |
| 0- 12 Years | $222.04 |
| 13- 15 Years | $288.82 |
| 16- 19 Years | $288.82 |
- The Supplement Rates which can be paid for FTB Part A are given in below Table:
| Year | Annual Supplement Rates |
| 2024- 2025 | $916.15 |
| 2023- 2024 | $879.65 |
- The advances and one off Payment for the FTB Part A are given in the below table.
| Payment Name | Rate | Maximum Amount |
| Regular Advance | 3.75% of Standard Rate | $1348.81 |
| One Off Advance | 7.5% of Annual Rate | $1296.09 |
Fact Check- Australia Centrelink $1,296.09 Advance Payment 2024
This Centrelink $1,296.09 Advance Payment 2024 is approved and confirmed. This Advance Payment is for the Family Tax Benefits Part A recipients. This advance will be received by the families for one time only. This advance repayment will not cause any financial disturbance in the life of citizens. Check the eligibility and payment amounts above. Also Candidates can go to servicesaustralia.gov.au/advancepayments for more updates and in depth information about centrelink Advance payments.
FAQ Related To Centrelink $1,296.09 Advance Payment 2024
Log in to mygov Account.
Select Apply for Advance option and check eligibility.
If you are Qualified then you can apply and the process will start and details will be sent to you.
Every fortnight the individual repay the part of the advance payments. The advance repayment is repaid over 13 Fortnights.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.