Other income support thresholds and limits 1 January 2024
Old rate | New Rate | Difference | |
Other income support thresholds and limits | 20/09/2023 | 01/01/2024 | |
Seniors Health Card Income Limit | Annual | ||
Single rate, including illness separated and respite care | $ 95,400.00 | $ 95,400.00 | $ - |
Partnered (each) | $ 76,320.00 | $ 76,320.00 | $ - |
Minimum rent for maximum Rent Assistance (RA) | |||
Single, no children | $ 389.80 | $ 389.80 | $ - |
Partnered, no children | $ 464.40 | $ 464.40 | $ - |
Primary production attribution threshold | Limit | ||
Primary production attribution threshold (assets) | $ 1,422,000.00 | $ 1,422,000.00 | $ - |
Primary production attribution threshold (annual income) | $ 62,634.00 | $ 62,634.00 | $ - |
Exempt funeral investment threshold | Limit | ||
Exempt funeral investment threshold | $ 15,000.00 | $ 15,000.00 | $ - |
Special disability trust asset limit | Limit | ||
Asset value limit | $ 781,250.00 | $ 781,250.00 | $ - |
Discretationary spending limit | $ 14,000.00 | $ 14,000.00 | $ - |
Child income limits | Limit | ||
Child 15 or younger (per week) | $ 238.30 | $ 252.60 | $ 14.30 |
Child 16 or older (per annum) | $ 13,060.80 | $ 13,844.45 | $ 783.65 |
Maintenance income free area | Annual | ||
Amount per person (1 child) | $ 1,883.40 | $ 1,883.40 | $ - |
Amount per additional child | $ 627.80 | $ 627.80 | $ - |
Aged care | |||
For residents entering care before 1 July 2014 | Fortnightly | ||
Minimum permissible asset value | $ 58,500.00 | $ 58,500.00 | $ - |
Partially supported resident | $ 149,292.00 | $ 149,292.00 | $ - |
Concessional resident | $ 58,500.00 | $ 58,500.00 | $ - |
Assisted resident | $ 94,000.00 | $ 94,000.00 | $ - |
Standard resident contribution-Threshold amount | $ 9,185.80 | $ 9,185.80 | $ - |
For residents entering care on or after 1 July 2014 | Annual | ||
Minimum Accommodation Payment Asset Value | $ 58,500.00 | $ 58,500.00 | $ - |
Maximum Accommodation Payment Asset Value | $ 197,735.20 | $ 197,735.20 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-january-2024/other-income-support-thresholds-and-limits-1-january-2024