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Other income support thresholds and limits 20 September 2014

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  Old rate New Rate Difference
Other income support thresholds and limits 01/07/2014 20/09/2014  
Seniors Health Card Income Limit   Annual  
Single rate, including illness separated and respite care $50,000.00 $51,500.00 $1,500.00
Partnered (each) $40,000.00 $41,200.00 $1,200.00
       
Minimum rent for maximum Rent Assistance (RA)      
Single, no children $280.53 $283.33 $2.80
Partnered, no children $340.80 $344.20 $3.40
       
Primary production attribution threshold   Limit  
Primary production attribution threshold (assets) $1,139,500.00 $1,139,500.00 $0.00
Primary production attribution threshold (annual income) $50,151.00 $50,151.00 $0.00
       
Exempt funeral investment threshold   Limit  
Exempt funeral investment threshold $12,000.00 $12,000.00 $0.00
       
Special disability trust asset limit   Limit  
Asset value limit $626,000.00 $626,000.00 $0.00
Discretationary spending limit $11,000.00 $11,000.00 $0.00
       
Child income limits   Limit  
Child 15 or younger (per week) $194.40 $194.40 $0.00
Child 16 or older (per annum) $10,655.95 $10,655.95 $0.00
       
Maintenance income free area   Annual  
Amount per person (1 child) $1,522.05 $1,522.05 $0.00
Amount per additional child $507.35 $507.35 $0.00
       
Aged care      
For residents entering care before 1 July 2014   Fortnightly  
Minimum permissable asset value $45,000.00 $45,500.00 $500.00
Partially supported resident $116,136.00 $116,636.00 $500.00
Concessional resident $45,000.00 $45,500.00 $500.00
Assisted resident $72,000.00 $73,000.00 $1,000.00
Standard resident contribution-Threshold amount $7,043.40 $7,139.60 $96.20
For residents entering care on or after 1 July 2014   Annual  
Minimum Accommodation Payment Asset Value $45,000.00 $45,500.00 $500.00
Maximum Accommodation Payment Asset Value $154,179.20 $155,823.20 $1,644.00