Gold card income & asset limits 1 July 2016 | Compensation and Support Reference Library, Payment Rates, Historical Payment Rates, 2016 rates, 1 July 2016

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Gold card income & asset limits 1 July 2016

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 Old rateNew RateDifference
Gold card income & asset limits20/03/201601/07/2016 
Income and assets reduction limit Fortnightly 
Single$122.40$122.40$0.00
Partnered (each), including illness separated and respite care$105.30$105.30$0.00
    
Income limit for Gold Card with SP (non-transitional) Fortnightly 
Not a Member of a Couple$406.80$408.80$2.00
Partnered - each$354.60$356.60$2.00
Partnered - combined$709.20$713.20$4.00
    
Income limit for Gold Card with SP (transitional)   
Not a Member of a Couple Fortnightly 
No Children$468.00$470.00$2.00
Additional per child$24.60$24.60$0.00
Partnered - combined Fortnightly 
No Children$814.50$818.50$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$287,250.00$290,750.00$3,500.00
Partnered - combined$432,000.00$437,000.00$5,000.00
High Limit Limit 
Not a Member of a Couple$436,250.00$442,250.00$6,000.00
Partnered - combined$581,000.00$588,500.00$7,500.00