We reassess your parents’ or guardians’ income each year. This is to see if their income will change your payment.
We generally assess what their income was for the previous 2024-25 financial year. However, if their income has changed significantly, we may assess it based on the 2025-26 financial year.
We might do this if your parents’ or guardians’ income has either:
- significantly decreased, and the decrease is likely to last for at least 2 years
- significantly increased by more than 25% of the 2024-25 financial year, and their income is more than $83,402.
Read more about the annual parental income reassessment.
Your payment may also change if your siblings’ situations change. Read about how the family pool works.