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Income Support

Document
Last amended 
19 December 2014
Pensions and allowances
Indexation of pensions and allowances
Category Indexation date(s)... [glossary:Reference quarter:109] [glossary:Base quarter:319] Rounding base Rate calculated under...
[glossary:Service pension:245]  [glossary:maximum basic rate:475]* 20-Mar December quarter Highest December or June quarter prior to the reference quarter $2.60 p/a, rounded up* Section 59B VEA,
Section 59EAA VEA
Section 59EA VEA
20-Sep June quarter
Maximum transitional service pension and [glossary:income support supplement:118] 20-Mar December quarter Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2008) $2.60 p/a, rounded off Section 59B VEA
20-Sep June quarter
[glossary:Pension Supplement:195]
[glossary:Minimum Pension Supplement amount:121]
20-Mar December quarter Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2009) $5.20 p/a, rounded off Section 59B VEA
20-Sep June quarter
[glossary:Pension Supplement Basic Amount:486] 20-Mar December quarter Highest December or June quarter prior to the reference quarter (but not earlier than December quarter 2008) $2.60 p/a, rounded off Section 59B VEA
20-Sep June quarter
[glossary:Crisis payment:522] Not indexed but set as equal to the relevant service pension rate. Veterans' Entitlements (Special Assistance) Regulations 1999
[glossary:Ceiling rate:507]  [glossary:income support supplement:118]
Ceiling rate veteran SP [glossary:war widow/ widower:364]
20-Mar Indexed using pension MBR factor $2.60 p/a, rounded up Section 59LA VEA
20-Sep
[glossary:Rent assistance:367] 20-Mar December quarter Highest December or June quarter prior to the reference quarter $5.20 p/a rounded off Section 59B VEA
20-Sep June quarter
[glossary:Saved child:651] related payments
[glossary:Guardian allowance:300]
1-Jul December quarter Highest December quarter prior to the reference quarter $3.65 p/a, rounded off Schedule 5, clause 10 VEA,
Schedule 4 of the A New Tax System (Family Assistance) Act 1999
A New Tax System (Family Assistance) Act 1999
Without [glossary:adequate means of support pension:547] Not indexed but set as equal to the relevant service pension rate Regulations 32, 34, 34AA of the Repatriation Regulations

*These payments may also be increased with reference to [glossary:MTAWE:205]. MTAWE increases have different rounding rules.

Limits, rates and thresholds
Indexation of limits, rates and thresholds
Category Indexation date(s)... Reference quarter Base quarter Rounding base Rate calculated under...
[glossary:Assets value limits:690]* 1-JulDecember quarter December quarter prior to the reference quarter $250.00, rounded off Section 59B VEA
[glossary:Income free area:147] 1-Jul March quarter March quarter prior to the reference quarter $52.00 p/a, rounded off Section 59B VEA
Maintenance income free area 1-Jul December quarter Highest December quarter prior to the reference quarter $10.95 p/a, rounded off Schedule 5, clause 10 VEA,
Schedule 4 of the A New Tax System (Family Assistance) Act 1999
[glossary:Income/assets reduction limits:528]  ([glossary:IARL:528]) 20-Mar December quarter Highest June or December quarter prior to the reference quarter $2.60 p/a, rounded off Section 59B VEA
  20-Sep June quarter      
Deeming thresholds 1-Jul March quarter Highest March quarter prior to the reference quarter $200.00, rounded off Section 59B VEA
Pension rent threshold 20-Mar December quarter Highest June or December quarter prior to the reference quarter $5.20 p/a, rounded off Section 59B VEA
20-Sep June quarter
[glossary:Funeral bond threshold:648] 1-Jul December quarter December quarter prior to the reference quarter $250.00, rounded off Section 59B VEA
[glossary:Primary production attribution threshold:369] (assets) 1-Jul December quarter December quarter prior to the reference quarter $250.00, rounded offSection 59B VEA
[glossary:Primary production attribution threshold:369] (income) 1-Jul December quarter Highest December quarter prior to the reference quarter $73.00 p/a, rounded off Schedule 4 of the A New Tax System (Family Assistance) Act 1999
Permissible child earnings, child under 161-Jan June quarter Highest June quarter prior to the reference quarter $0.05 p/w, rounded off SSA Part 3.16—Indexation and adjustment of amounts
Social Security Act 1991
Permissible child earnings, child 16-21 years old 1-Jan June quarter Highest June quarter prior to the reference quarter $0.05 p/a, rounded offSSA
[glossary:Special disability trust:293]  assets value limit 1-Jul December quarter December quarter prior to the reference quarter $250.00, rounded off Section 59B VEA
Seniors health card taxable income limit 20-Sep June quarter Highest June quarter prior to the reference quarter $1.00 p/a, rounded off Section 198FAA

*The 'not a member of a couple' non-homeowner assets value limit is adjusted by a formula with reference to the limits for 'not a member of a couple' homeowners, partnered homeowners and partnered non-homeowners.