Appendix 1 - Select working age payments: Impact on rates of Schedule 2 of the bill

Appendix 1Select working age payments: Impact on rates of Schedule 2 of the bill

Item in Schedule 2

Payment

Current fortnightly rate

Fortnightly rate as would be increased by Schedule 2

1–2

Disability Support Pension paid to persons under 21

living at home, aged 18–20

under 21, independent or partnered

$389.40

$562.80

$429.40

$602.80

3–5

Youth Allowance

away from home

single with dependent child

$562.80

$720.40

$602.80

$760.40

6–7

Austudy

single

single with dependent child

$562.80

$720.40

$602.80

$760.40

8

JobSeeker Payment

single

single principal carer of dependent child

partnered

single, aged 60+ after 9 continuous months on payment (qualifying age to change to 55 from September 2023 if Schedule 2 becomes law)

$693.10

$745.20

$631.20

$745.20

$733.10

$785.20

$671.20

$785.20

9

Parenting Payment (Partnered)

$631.20

$671.20

-

Parenting Payment (Single)

$922.10

N/A

Source of rates data: Don Arthur, Michael Klapdor and Matthew Thomas, Social Services and Other Legislation Amendment (Strengthening the Safety Net) Bill 2023, Bills Digest No. 88, 2022-23, Parliamentary Library, Canberra, 2023, p. 16–17. Note that payment rates are subject to regular indexation, next due on 20 September 2023 for JobSeeker Payment and Parenting Payment and on 1 January 2024 for other payments listed here (EM, p. 4).