In Australia, the government provides a range of financial benefits to support its citizens during periods of hardship. One such benefit is the $987.70 Allowance, aimed at assisting unemployed individuals actively seeking jobs.
This allowance helps job seekers and their families cover daily necessities. In this article, we will look into the $987.70 Allowance in Australia, its eligibility criteria, payment dates, and how to apply.
Overview
The $987.70 Allowance in Australia is part of the government’s broader social security system designed to offer financial support to individuals facing unemployment or engaged in full-time studies. The exact amount you receive depends on the specific program and your individual circumstances.
Youth Allowance Jobseeker
The $987.70 figure is often associated with the Youth Allowance Jobseeker, which supports young Australians actively seeking work. However, the exact amount might vary depending on age and other eligibility factors.
How to Get It
The $987.70 Allowance can be accessed by individuals who meet certain criteria. Here’s a step-by-step guide on how to apply:
Determine Eligibility
To qualify for the allowance, you must:
- Be responsible for a dependent child or be exempt from mutual obligations due to circumstances like fostering, homeschooling, or large family size.
- Meet age, employment status, study status, and income support criteria.
- Check your eligibility through the Centrelink program.
Gather Required Documents
Before applying, gather the following documents:
- Proof of identity
- Income and assets details
- Residency status
- Details of dependents
Application Process
- Visit Centrelink:
- Access the Centrelink online account or visit a Centrelink office.
- Submit Your Application:
- Apply for income support online, by phone, or in person.
- Wait for Assessment:
- Centrelink will assess your application and notify you of the decision.
- Receive Payments:
- Once approved, you will receive regular payments.
Eligibility Criteria
To be eligible for the $987.70 Allowance, you must meet the following conditions:
- Age: Between 22 and 67 years.
- Employment Status: Unemployed and actively seeking work.
- Income and Assets Tests: Meet the required income and asset thresholds.
- Residency: Must be an Australian citizen or permanent resident.
- Active Job Search or Study: Must be actively seeking employment or enrolled in an approved study program.
Additional details on income thresholds and eligibility tests can be found on the Service Australia web portal.
Payment Dates
Centrelink payments are typically made fortnightly. The exact date you receive your payment depends on your Centrelink Customer Reference Number (CRN):
- Odd CRN: Payments are made on Wednesdays.
- Even CRN: Payments are made on Thursdays.
You can check your payment dates via your Centrelink online account or the Centrelink app.
Allowance Amount
The $987.70 Allowance is just one of several income support programs offered by Centrelink. Here are some related programs:
JobSeeker Payment
- Provides financial assistance for those aged 25 and over who are actively looking for work.
Youth Allowance Jobseeker
- Supports young Australians aged 16-24 years who are actively seeking work, studying, or taking a break from work.
Parenting Payment
- Offers financial support to single parents or those in shared parenting arrangements.
Austudy
- Provides financial aid for full-time students and Aboriginal and Torres Strait Islander students.
Disability Support Pension
- Offers income support for people with disabilities who are unable to work full-time.
The $987.70 Allowance in Australia is a vital financial support program for individuals facing unemployment or engaged in full-time studies. The exact amount and eligibility depend on your specific circumstances and the program you qualify for. By providing this support, the Australian government aims to reduce poverty, encourage job seeking, and support education.
FAQs
Who is eligible for the $987.70 Allowance?
Individuals aged 22-67 who are unemployed and meet income and asset tests.
How often are payments made?
Payments are made fortnightly.
How do I apply for the allowance?
Apply through your Centrelink online account, by phone, or in person.
What documents are needed for the application?
Proof of identity, income, assets, residency status, and details of dependents.
Where can I find my payment date?
Check your payment date on your Centrelink online account or the Centrelink app.
