Helps you keep more of your Youth Allowance, Austudy or ABSTUDY payment if you’re a student or an Australian Apprentice receiving an income.
Your Income Bank allows you to earn credits where your income is less than $437 a fortnight.
You can earn up to $437 a fortnight under the personal income test before we reduce your payment.
Page last updated: 22 November 2019
This information was printed 23 September 2020 from https://www.servicesaustralia.gov.au/individuals/services/centrelink/income-bank. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.