What is the Economic Security Strategy Payment (FTB Part A)?
The Economic Security Strategy Payment (FTB Part A) is:
$1,000 for each eligible Family Tax Benefit Part A child;
not taxable income and is not considered income for social security or family assistance purposes; and
not ongoing.
Can l get the additional payment?
You can get the payment if, on 14 October 2008:
You were receiving fortnightly payments of Family Tax Benefit Part A; or
You were entitled to Family Tax Benefit Part A, but you chose to defer your payment to the end of the year under a More Choice for Families option; or
You were receiving fortnightly payments of Youth Allowance, Abstudy or a Veterans' Children Education Scheme for a dependent child.
Please note: If Youth Allowance is paid directly to your child, the additional payment will also be paid directly to your child.