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Income Support
Pensions and allowances
| Indexation of pensions and allowances | |||||
| Category | Indexation date(s)... | [glossary:Reference quarter:109] | [glossary:Base quarter:319] | Rounding base | Rate calculated under... |
| [glossary:Service pension:245] [glossary:maximum basic rate:475]* | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter | $2.60 p/a, rounded up* | Section 59B VEA, Section 59EAA VEA Section 59EA VEA |
| 20-Sep | June quarter | ||||
| Maximum transitional service pension and [glossary:income support supplement:118] | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2008) | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| [glossary:Pension Supplement:195] [glossary:Minimum Pension Supplement amount:121] |
20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2009) | $5.20 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| [glossary:Pension Supplement Basic Amount:486] | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than December quarter 2008) | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| [glossary:Crisis payment:522] | Not indexed but set as equal to the relevant service pension rate. | Veterans' Entitlements (Special Assistance) Regulations 1999 | |||
| [glossary:Ceiling rate:507] [glossary:income support supplement:118] Ceiling rate veteran SP [glossary:war widow/ widower:364] |
20-Mar | Indexed using pension MBR factor | $2.60 p/a, rounded up | Section 59LA VEA | |
| 20-Sep | |||||
| [glossary:Rent assistance:367] | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter | $5.20 p/a rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| [glossary:Saved child:651] related payments [glossary:Guardian allowance:300] |
1-Jul | December quarter | Highest December quarter prior to the reference quarter | $3.65 p/a, rounded off | Schedule 5, clause 10 VEA, |
| Schedule 4 of the A New Tax System (Family Assistance) Act 1999 | |||||
| A New Tax System (Family Assistance) Act 1999 | |||||
| Without [glossary:adequate means of support pension:547] | Not indexed but set as equal to the relevant service pension rate | Regulations 32, 34, 34AA of the Repatriation Regulations | |||
*These payments may also be increased with reference to [glossary:MTAWE:205]. MTAWE increases have different rounding rules.
Limits, rates and thresholds
| Indexation of limits, rates and thresholds | |||||
| Category | Indexation date(s)... | Reference quarter | Base quarter | Rounding base | Rate calculated under... |
| [glossary:Assets value limits:690]* | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| [glossary:Income free area:147] | 1-Jul | March quarter | March quarter prior to the reference quarter | $52.00 p/a, rounded off | Section 59B VEA |
| Maintenance income free area | 1-Jul | December quarter | Highest December quarter prior to the reference quarter | $10.95 p/a, rounded off | Schedule 5, clause 10 VEA, |
| Schedule 4 of the A New Tax System (Family Assistance) Act 1999 | |||||
| [glossary:Income/assets reduction limits:528] ([glossary:IARL:528]) | 20-Mar | December quarter | Highest June or December quarter prior to the reference quarter | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Deeming thresholds | 1-Jul | March quarter | Highest March quarter prior to the reference quarter | $200.00, rounded off | Section 59B VEA |
| Pension rent threshold | 20-Mar | December quarter | Highest June or December quarter prior to the reference quarter | $5.20 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| [glossary:Funeral bond threshold:648] | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| [glossary:Primary production attribution threshold:369] (assets) | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| [glossary:Primary production attribution threshold:369] (income) | 1-Jul | December quarter | Highest December quarter prior to the reference quarter | $73.00 p/a, rounded off | Schedule 4 of the A New Tax System (Family Assistance) Act 1999 |
| Permissible child earnings, child under 16 | 1-Jan | June quarter | Highest June quarter prior to the reference quarter | $0.05 p/w, rounded off | SSA Part 3.16—Indexation and adjustment of amounts Social Security Act 1991 |
| Permissible child earnings, child 16-21 years old | 1-Jan | June quarter | Highest June quarter prior to the reference quarter | $0.05 p/a, rounded off | SSA |
| [glossary:Special disability trust:293] assets value limit | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| Seniors health card taxable income limit | 20-Sep | June quarter | Highest June quarter prior to the reference quarter | $1.00 p/a, rounded off | Section 198FAA |
*The 'not a member of a couple' non-homeowner assets value limit is adjusted by a formula with reference to the limits for 'not a member of a couple" homeowners, partnered homeowners and partnered non-homeowners.