pomgrrl

getting really scared with one thing and another but mainly worried that we will have low wage and not be able to survive
OH will brining in about $40k pa and my part time work poss $20k
(OH forklift driver/storeperson me elderly carer)
Im not going to working fo awhile so wondered if we could manage on $40k in Adelaide for a family of 5??

Wendy

Might be a bit tough on that, but you'll get family tax benefit to help you. It's not something that you'll be able to live on long term though, especially if you buy a house - renting you'll be OK so long as you don't go overboard (I'd say less than $350 per week).

Timber Floor Au

How much after tax will you be left with, on 40k?

milly123

No, you will not manage on $40k.
you will only just manage on the 60k , if you have a mortgage etc,
you realy need to be looking at about 80k +.

Amazulu

No.

Wendy

On $40k you'd pay $3,900 tax, so that's take home $36,100 ($695 per week). I haven't taken medicare out of that, but they should get some relief there as they are on a low wage, just can't remember how much that is at the minute.

They'll also get the full amount of FTB (which is $4460.30 per year per child under 13, or $5595.45 13 to 15) which will help for a while. So 5 kids under 13 say, would be $440 ish per fortnight. Also should be able to get help with the rent.

I'd do it for maybe 6 months, but no longer than that.

Timber Floor Au

I didnt think you could get assistance as a new arrival? ( rent wise )

Seems like its gonna be a struggle !

hitchcock71

i agree its going to be a struggle

wish them luck

Wendy

Yes, you can claim FTB, child care costs and rent assistance as a new migrant. It's the benefits like the Dole, or Sick pay that you can't claim for two years.

Mrs Jackaroo

Yes you can get the assistance as long as you're PR.

Hubby was on $42k when we first arrived and without overtime it was just impossible. To give you a bit of an idea - we put $500 per week away for rent and all bills etc. That doesnt take into account petrol and groceries so you could easy add $300 per week for that. Thats $800 gone straight away so you're already $100 behind. Centrelink payments will help a lot - not sure how much you'd get though - Wendy has quoted for 5 kids I think but you've only got 3?

I would prob look at hubby asking if overtime is available.

Australia_bound?

Will be a very big struggle! Even once you get work would have no idea how you'd be able to afford to live long term on so little
Hope you've got savings to tide you over and set you up

tonyhelen

Hi we are hoping to move to Adelaide next year my wife is a childminder i am currently working as a reach truck driver/warehouseman which i hope to do when we move would be interested in any feedback about this kind of work from your husband if you get time good luck with the move.

Tony& Helen

milly123

FTB ? , what is this.
I get something that's the same as child benefit, the same as the uk one. in the uk i think i got about 72 pounds a month, here i get something i claimed back at the end of the yr, which i think was about $400.

hitchcock71

ftb= family tax break

milly123

Is this like family tax credit, where it goes of income etc.