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Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
2014 rates
July 2014 rates
- Other income support thresholds and limits 1 July 2014
Old rate |
New Rate |
Difference | |
Other income support thresholds and limits |
20/03/2014 |
01/07/2014 |
|
Seniors Health Card Income Limit |
|
Annual |
|
Single rate, including illness separated and respite care |
$50,000.00 |
$50,000.00 |
$0.00 |
Partnered (each) |
$40,000.00 |
$40,000.00 |
$0.00 |
Minimum rent for maximum Rent Assistance (RA) |
|
|
|
Single, no children |
$280.53 |
$280.53 |
$0.00 |
Partnered, no children |
$340.80 |
$340.80 |
$0.00 |
Primary production attribution threshold |
|
Limit |
|
Primary production attribution threshold (assets) |
$1,109,500.00 |
$1,139,500.00 |
$30,000.00 |
Primary production attribution threshold (annual income) |
$48,837.00 |
$50,151.00 |
$1,314.00 |
Exempt funeral investment threshold |
|
Limit |
|
Exempt funeral investment threshold |
$11,750.00 |
$12,000.00 |
$250.00 |
Special disability trust asset limit |
|
Limit |
|
Asset value limit |
$609,500.00 |
$626,000.00 |
$16,500.00 |
Discretationary spending limit |
$10,750.00 |
$11,000.00 |
$250.00 |
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) |
$1,478.25 |
$1,522.05 |
$43.80 |
Amount per additional child |
$492.75 |
$507.35 |
$14.60 |
Aged care |
|
|
|
For residents entering care before 1 July 2014 |
Fortnightly |
| |
Minimum permissable asset value |
$45,000.00 |
$45,000.00 |
$0.00 |
Partially supported resident |
$116,136.00 |
$116,136.00 |
$0.00 |
Concessional resident |
$45,000.00 |
$45,000.00 |
$0.00 |
Assisted resident |
$72,000.00 |
$72,000.00 |
$0.00 |
Standard resident contribution-Threshold amount |
$7,043.40 |
$7,043.40 |
$0.00 |
For residents entering care on or after 1 July 2014 |
Annual |
| |
Minimum Accommodation Payment Asset Value |
n/a |
$45,000.00 |
n/a |
Maximum Accommodation Payment Asset Value |
n/a |
$154,179.20 |
n/a |