Gold card income & asset limits 1 July 2015 | Compensation and Support Reference Library, Payment Rates, Historical Payment Rates, 2015 rates, 1 July 2015

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Gold card income & asset limits 1 July 2015

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  Old rate New Rate Difference
Gold card income & asset limits 20/03/2015 01/07/2015  
Income and assets reduction limit   Fortnightly  
Single $120.40 $120.40 $0.00
Partnered (each), including illness separated and respite care $103.70 $103.70 $0.00
       
Income limit for Gold Card with SP (non-transitional)   Fortnightly  
Not a Member of a Couple $400.80 $402.80 $2.00
Partnered - each $349.40 $351.40 $2.00
Partnered - combined $698.80 $702.80 $4.00
       
Income limit for Gold Card with SP (transitional)      
Not a Member of a Couple   Fortnightly  
No Children $461.00 $463.00 $2.00
Additional per child $24.60 $24.60 $0.00
Partnered - combined   Fortnightly  
No Children $802.50 $806.50 $4.00
Additional per child $24.60 $24.60 $0.00
       
Asset limit for Gold Card with SP      
Low Limit   Limit  
Not a Member of a Couple $282,500.00 $286,000.00 $3,500.00
Partnered - combined $425,000.00 $430,000.00 $5,000.00
High Limit   Limit  
Not a Member of a Couple $429,000.00 $435,000.00 $6,000.00
Partnered - combined $571,500.00 $579,000.00 $7,500.00