New South Wales Fostering Allowances | Key Assets Australia

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Fostering allowances in New South Wales

We understand that caring for a child or young person has a financial impact on you and your family. In NSW, foster care payments are therefore provided to cover the cost of caring for the children and young people placed with you. These are non-taxable.
The amount of financial support given is usually determined on the different types of placements, depending on the age of the child in care and the complexity of their needs, ranging from general to higher support needs.

Fostering Payments: how much will I receive?

Foster carer allowances provided by Key Assets (Oct 2017) are as follows:

Fostering AllowanceGeneral Foster Carers (paid fortnightly)(This allowance is paid to carers who have children who have been assessed by Community Services NSW as having General Care Needs). 0 – 4 $484.12 ($34.58 per night)
5 – 13 $546.00 ($39.00 per night)
14 – 15 $733.04 ($52.36 per night)
16 – 17 $488.04 ($34.86 per night) (This reduction is offset by the payment of the Youth Allowance to the young person)
Fostering AllowanceGeneral Foster Carers + 2 (paid fortnightly) (This allowance is paid to carers who have children who have been assessed by Community Services NSW as having Higher Support Needs). 0 – 4 $700.70 ($50.05 per night)
5 – 13 $764.68 ($54.62 per night)
14 – 15 $950.18 ($67.87 per night)
16 – 17 $704.90 ($50.35 per night) (This reduction is offset by the payment of the Youth Allowance to the young person)
Fostering Allowance – Intensive Foster Carer (paid fortnightly) (This allowance is paid to carers who have children who have been assessed by Community Services NSW as having Intensive Support Needs). 0 – 4 $962.08 ($68.72 per night)
5 – 13 $1,078.00 ($77.00 per night)
14 – 15 $1,447.04 ($103.36 per night)
16 – 17 $1,206.10 ($86.15 per night) (This reduction is offset by the payment of the Youth Allowance to the young person)

Fostering allowances are in line with Community Services NSW payment levels.

Some additional financial support is available through discussion with Community Services NSW.

When will I receive fostering allowances?

Fostering allowances are paid to all foster carers whenever they take in a fostering placement. The Fostering Allowance is administered by Key Assets and is paid fortnightly.

If you’d like to learn more about financial support for foster carers, please call us on 1800 93 22 73 or enquire here.

Fostering Enquiries:

Mon – Fri: 09.00 – 17.00
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Email: info@keyassetsnsw.com.au

 

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