More than 1.4 million Australian families will see an increase to their Family payments, and about 1 million pensioners will benefit from increases in means test free areas, limits and deeming thresholds.
- Family Tax Benefit A will increase by up to $204.40 per year for families with a child under 13 years, and $255.50 per year for those with a child 13 years and over.
- Family Tax Benefit B will increase by up to $164.25 per year for families who have a youngest child under five and $116.80 per year for those whose youngest child is aged five to 18.
- The amount of income or assets an Age Pension, Disability Support Pension or Carer Payment recipient can have before their payment is affected will also increase.
I’ve put a link to more information in comments.