Family Tax Benefit (FTB) is a Centrelink payment that can help eligible families with the cost of raising dependent children. It has two parts: Part A is generally based on your family’s income and the number and ages of your children, while Part B may depend on factors such as your youngest child’s age and your family circumstances. Eligibility can also involve residence, care arrangements and meeting relevant income tests, so the amount and payment type vary between families. Check the details and claim through Services Australia, which makes the final decision based on your circumstances.