Senate debates

Wednesday, 10 May 2023

Questions without Notice

Budget

2:29 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I know this is a group of people you have a very deep interest in. Our government understands the unique challenge that young Australians are facing, and we want to ensure that young people are set up to succeed. Students and young people will benefit from Labor's changes to payment rates, with 318,000 young people on income support, including those on youth allowance, receiving an additional $40 per fortnight. Many students and young people will also benefit from the government's increases to Commonwealth rent assistance. For those who already receive the maximum amount, their payment will increase by 15 per cent. This is the vast majority of students and young people who receive rent assistance. For example, a 20-year-old student on youth allowance who rents with flatmates and receives the maximum rate can receive more than an additional $55 per fortnight.

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