Gold card income & asset limits 1 July 2020
Old rate | New Rate | Difference | |
Gold card income & asset limits | 20/03/2020 | 01/07/2020 | |
Income and assets reduction limit | Fortnightly | ||
Single | $ 131.20 | $ 131.20 | $ - |
Partnered (each), including illness separated and respite care | $ 112.90 | $ 112.90 | $ - |
Income limit for Gold Card with SP (non-transitional) | Fortnightly | ||
Not a Member of a Couple | $ 436.40 | $ 440.40 | $ 4.00 |
Partnered - each | $ 379.80 | $ 383.80 | $ 4.00 |
Partnered - combined | $ 759.60 | $ 767.60 | $ 8.00 |
Income limit for Gold Card with SP (transitional) | |||
Not a Member of a Couple | Fortnightly | ||
No Children | $ 502.00 | $ 506.00 | $ 4.00 |
Additional per child | $ 24.60 | $ 24.60 | $ - |
Partnered - combined | Fortnightly | ||
No Children | $ 872.50 | $ 880.50 | $ 8.00 |
Additional per child | $ 24.60 | $ 24.60 | $ - |
Asset limit for Gold Card with SP | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 307,000.00 | $ 311,750.00 | $ 4,750.00 |
Partnered - combined | $ 470,000.00 | $ 477,000.00 | $ 7,000.00 |
High Limit | Limit | ||
Not a Member of a Couple | $ 517,500.00 | $ 526,250.00 | $ 8,750.00 |
Partnered - combined | $ 680,500.00 | $ 691,500.00 | $ 11,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2020/gold-card-income-asset-limits-1-july-2020