From March 2013, the Income Support Bonus will be paid to parents or students (generally 16 years old or over) who receive an education allowance under the Veterans’ Children Education Scheme (VCES) or the Military Rehabilitation and Compensation Act Education and Training Scheme (MRCAETS).
The Income Support Bonus will be a six-monthly payment of $105, with the first payment to occur in March 2013. It recognises that households relying on income support allowances as their main source of income may find it difficult to manage unanticipated expenses, such as urgent repairs or unexpectedly large bills. Those receiving allowances such as Youth Allowance, Newstart and Austudy will also receive the Income Support Bonus. Payments will be made automatically to those eligible.
The Income Support Bonus is not means tested and is not counted as income for income support payments. It is also tax free.