Other income support thresholds and limits 1 July 2016
Old rate | New Rate | Difference | |
Other income support thresholds and limits | 20/03/2016 | 01/07/2016 | |
Seniors Health Card Income Limit | Annual | ||
Single rate, including illness separated and respite care | $52,273.00 | $52,273.00 | $0.00 |
Partnered (each) | $41,818.00 | $41,818.00 | $0.00 |
Minimum rent for maximum Rent Assistance (RA) | |||
Single, no children | $289.87 | $289.87 | $0.00 |
Partnered, no children | $351.93 | $351.93 | $0.00 |
Primary production attribution threshold | Limit | ||
Primary production attribution threshold (assets) | $1,158,750.00 | $1,178,500.00 | $19,750.00 |
Primary production attribution threshold (annual income) | $51,027.00 | $51,903.00 | $876.00 |
Exempt funeral investment threshold | Limit | ||
Exempt funeral investment threshold | $12,250.00 | $12,500.00 | $250.00 |
Special disability trust asset limit | Limit | ||
Asset value limit | $636,750.00 | $647,500.00 | $10,750.00 |
Discretationary spending limit | $11,250.00 | $11,500.00 | $250.00 |
Child income limits | Limit | ||
Child 15 or younger (per week) | $203.25 | $203.25 | $0.00 |
Child 16 or older (per annum) | $11,140.30 | $11,140.30 | $0.00 |
Maintenance income free area | Annual | ||
Amount per person (1 child) | $1,543.95 | $1,565.85 | $21.90 |
Amount per additional child | $514.65 | $521.95 | $7.30 |
Aged care | |||
For residents entering care before 1 July 2014 | Fortnightly | ||
Minimum permissable asset value | $46,500.00 | $46,500.00 | $0.00 |
Partially supported resident | $120,069.60 | $120,069.60 | $0.00 |
Concessional resident | $46,500.00 | $46,500.00 | $0.00 |
Assisted resident | $74,500.00 | $74,500.00 | $0.00 |
Standard resident contribution-Threshold amount | $7,300.80 | $7,300.80 | $0.00 |
For residents entering care on or after 1 July 2014 | Annual | ||
Minimum Accommodation Payment Asset Value | $46,500.00 | $46,500.00 | $0.00 |
Maximum Accommodation Payment Asset Value | $159,423.20 | $159,423.20 | $0.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2016-rates/1-july-2016/other-income-support-thresholds-and-limits-1-july-2016