Students with high income parents have a chance to be eligible to receive Youth allowance if _______________________.A.they decide not to get a job while studyingB.they have a childC.they remain single D.they live away from homeE.they are less than 22 years old

A dependent student's youth allowance value is affected by  _______________________.You can select more than one answer.A.his place of living, at home or away from homeB.his own assetsC.his own income bank balanceD.his parents' assetsE.his parents' income bank balanceF.his parents' incomeG.his own income from work

Which of the following statements about the ‘Social Security’ section of the lecture material are TRUE:If you are a full-time student below the age of 24 and have moved out of home, you should be able to qualify for Youth Allowance if you are working a casual job and receiving some income support from your parents even though your parents have high income and assets.An individual must satisfy both the ‘asset’ and ‘income’ test to qualify for the Age Pension. There are limits on giving children an ‘early inheritance’ by gifting assets to them to satisfy the asset test.

Nadine, a 20 year- old student, with one child and no partner,  lives at home to receive help for child care. Her parents' income is $65,000 a year. She earns $600 a fortnight in a casual job and her income bank balance is $0. Her allowance is calculated in the following way: ___________________________. A.= 389.40 -  [ 47.50 +0.60 x (600 -575) ]B.= 389.40 - [ 47.50 +0.60 x (600 -575) ] - 0.20 x [ (65,000 -58,108)/26 ]C.= 720.40 - [ 47.50 +0.60 x (600 -575) ] - 0.20 x [ (65,000 -58,108)/26 ]D.= 389.40 -  [0.50 x (600 -480) ]E.= 720.40 -  [0.50 x (600 -480) ]F.= 720.40 - [ 47.50 +0.60 x (600 -575) ]

India has recently become a middle-income country, but poor families there __________.A.are required to send children to school through collegeB.will not allow the education of any girlsC.still depend on the earnings of childrenD.all remain illiterateSubmit

Aude is independent, with no kids or partners, living away from home. She earns $700 this fortnight on a casual work at a supermarket. Her income bank is $20.Her youth allowance, given her personal circumstances is _____________________. The result is rounded up to two decimal places.   A.One cannot calculate the allowance as we do not have data for the income of her parents.B.$440.3C.$452.3D.$562.80E.$389.40