Family Tax Benefit (FTB) is a Centrelink payment that helps eligible families with the cost of raising dependent children. Part A is generally assessed for each child, while Part B may provide extra help to some single parents or families with one main income, subject to eligibility and income rules. The amount depends on factors such as family income, children’s ages, care arrangements and residency, and may be paid fortnightly or as a lump sum after the financial year. Services Australia makes the final assessment, so check the current rules at servicesaustralia.gov.au.