The following Table sets out:
(a) each amount that is to be indexed or adjusted under this Division; and
(b) the abbreviation used in this Division for referring to that amount; and
(c) the provision or provisions in which that amount is to be found.
Indexed and Adjusted Amounts Table | ||||
Column 1 Item | Column 2 Description of amount | Column 3 Abbreviation | Column 4 Provisions in which amount specified | |
| Maximum basic rates |
|
| |
1. | Maximum basic rates for service pension or income support supplement for a person who is partnered | pension MBR | * Rate Calculator--point SCH6 - B1--Table B - 1--column 3-- item 2 | |
1A. | Maximum basic rates for service pension or income support supplement for a person who is not partnered | single pension rate MBR | * Rate Calculator--point SCH6 - B1--Table B - 1--column 3-- item 1 | |
1B | Maximum basic rates for veteran payment for a person who is partnered | Rate Calculator--point SCH6 - B2--Table B - 2--column 3-- item 2 | ||
1C | Maximum basic rates for veteran payment for a person who is not partnered | single veteran payment MBR | Rate Calculator--point SCH6 - B2--Table B - 2--column 3-- item 1 | |
2 | PS rate | subsection 5GA(1) | ||
2A | PS minimum rate | subsection 5GA(2) | ||
2B | PS basic rate | subsection 5GA(4) | ||
| Ceiling Rate |
|
| |
3. | ceiling rate | * Rate Calculator--point SCH6 - A4 | ||
| Rent assistance |
|
| |
6. | Maximum rent assistance for service pension, income support supplement or veteran payment | pension MRA | * Rate Calculator--point SCH6 - C8--Table C - 2--column 4 --all amounts | |
6A. | Rent threshold rate for service pension, income support supplement or veteran payment | * Rate Calculator--point SCH6 - C6--Table C - 1--column 3-- all amounts | ||
| Income free area |
|
| |
7. | Ordinary/adjusted income free area | Pension free area | * Rate Calculator--point SCH6 - E6--Table E - 1--column 3-- all amounts | |
| Assets value limit |
|
| |
9. | Assets value limit for service pension or income support supplement for property owner who is not a member of a couple | pension single property owner AVL | * Rate Calculator--point SCH6 - F3--Table F - 1--column 3A-- item 1 | |
10. | Assets value limit for service pension or income support supplement for non - property owner who is not a member of a couple | pension single non - property owner AVL | * Rate Calculator--point SCH6 - F3--Table F - 1--column 3B-- item 1 | |
11. | Assets value limit for service pension or income support supplement for property owner who is a member of a couple | * Rate Calculator--point SCH6 - F3--Table F - 1--column 3A-- item 2 | ||
12. | Assets value limit for service pension or income support supplement for non - property owner who is a member of a couple | pension partnered non - property owner AVL | * Rate Calculator--point SCH6 - F3--Table F - 1--column 3B-- item 2 | |
13. | Assets value limit for some illness separated special residents | special illness separated special resident AVL | * paragraph 52S(5)(g), paragraph 52T(3)(e), paragraph 52U(2)(e) | |
13A. | Assets value limit of special disability trust | subsection 52ZZZWK(3) | ||
13B. | Exempt funeral investment threshold | exempt funeral investment threshold | paragraph 5PC(1)(b) | |
| Income/assets reduction limit |
|
| |
14. | Income/assets reduction limit applicable when determining the eligibility for treatment benefits for a veteran--basic reduction | IARL basic reduction | section 53E--Table 53E--column 3 | |
15. | Income/assets reduction limit applicable when determining the eligibility for treatment benefits for a veteran--add - on for dependent child | IARL dependent child add - on | section 53E--Table 53E--column 5 | |
| Deeming thresholds |
|
| |
20. | Deeming threshold for a person who is not a member of a couple | Deeming threshold individual | Subsection 46H(1) | |
21. | Deeming threshold for a couple | Deeming threshold couple | Subsection 46H(2) | |
| Attribution threshold |
|
| |
22. | Primary production attribution threshold | Primary production attribution threshold | Section 52ZZZF | |
| Maximum transitional service pension rates |
|
| |
23. | Maximum transitional service pension rates | Maximum transitional service pension rates | Subparagraph 30(4)(a)(i) of Schedule 5 | |
| Maximum transitional income support supplement rates |
|
| |
24. | Maximum transitional income support supplement rates | Maximum transitional income support supplement rates | Subparagraph 30(6)(a)(i) of Schedule 5 | |
Note: Indexing the PS minimum rate will also result in the indexation of the rate of quarterly pension supplement (see section 60B).