New to single parent pension, how much is it?
Answered 2 years ago
I was made redundant from my full time job at the start of the of the month and applied for single parent pension today, I just have one child who is 2. Previously I only got a small amount of family tax benefit (about $15 a fn) but never a pension payment, I can't get through on the phones to ask questions... ever.. so did my application online. Anyway does anyone know how much I might receive so I can atleast try to organise my finances?
Don't rent, have mortgage
1 child aged 2
Just child and I living here
Ex just pays what he can instead of formal child support
Under 5k savings
No assets worth much
No redundancy pay out coming
I would really appreciate if any one know a dollar amount.
Thanks so much.
Have an answer?
apparently $770 single parent pension, $550 corona supplement and $660 FTB =
$990 a week!! That can't be right can it?! 🤔
Essentially, after day care costs, travel expenses, I've been working 40 hours a week this last year for peanuts and fun.
My ex and i had a formal agreement in place but it's collected privately so he only pays what he can etc but the first year i earnt $77,000 and still got about $6,000 of ftb??
My child primary age though
Single parenting payment is about $750 a fortnight and ftb for one child is more like $300 fortnight.
Possibly reduced depending on how much child support you receive.
Those amounts include rent assistance.