The following are the current rates relating to certain
termination and social security payments.
WARNING: Tax changes occur regularly check before you act!
Centrelink phone 132 850
Centrelink home page
RATES $/fn
Jan 1999 Jul 1999
Single $ 357.30 $ 361.40
Couple each $ 298.10 $ 301.60
INCOME TEST
MAX PENSION
Single Income $ 100.00 $ 102.00
Couple (joint) $ 176.00 $ 180.00
Child add $ 24.00 $ 24.00
INCOME TEST
NO PENSION
Single Income $ 825.40 $ 835.60
Couple (joint) $1379.20 $1379.20
Child add $ 24.00 $ 24.00
ASSETS TEST
MAX PENSION
Single Homeown $125,750 $127,750
Single No Home $215,750 $219,250
Couple Homeown $178,500 $181,500
Couple No Home $268,500 $273,000
ASSETS TEST
NO PENSION
Single Homeown $246,750 $250,250
Single No Home $336,750 $341,750
Couple Homeown $379,500 $384,500
Couple No Home $469,500 $476,000
RATES $/fn
Jan 1999 Jul 1999
Single over 20 $ 323.40 $ 325.70
with child $ 349.90 $ 352.30
Couple over 20
each $ 291.80 $ 293.80
with child $ 291.80 $ 293.80
INCOME TEST
MAX PENSION
max pension $ 60.00 $ 60.00
INCOME TEST
NO PENSION
Single over 20 $ 544.86 $ 548.14
with child $ 582.71 $ 586.14
Couple over 20
each $ 499.71 $ 502.58
with child $ 499.71 $ 502.58
ASSETS TEST
NO PENSION
see above
INCOME & ASSETS TESTS
from Sep 97 Jul98 Dec98
INCOME TEST MAX PENSION
Single Income $ 100.00 $ 100.00 $ 100.00
Couple (joint) $ 176.00 $ 176.00 $ 176.00
Child add $ 24.00 $ 24.00 $ 24.00
INCOME TEST NO PENSION
Single Income $ 806.40 $ 820.00 $ 825.40
Couple (joint) $1347.20 $1370.00 $1379.20
Child add $ 24.00 $ 24.00 $ 24.00
ASSETS TEST MAX PENSION
Single Homeown $125,750 $125,750 $125,750
Single No Home $215,750 $215,750 $215,750
Couple Homeown $178,500 $178,500 $178,500
Couple No Home $268,500 $268,500 $268,500
ASSETS TEST NO PENSION
Single Homeown $243,500 $245,750 $246,750
Single No Home $333,500 $335,750 $336,750
Couple Homeown $374,000 $377,500 $379,500
Couple No Home $464,000 $467,500 $469,500
PENSION RATES JOBSEARCH ETC
from Sep 97 Jul 98 Jul 98
MAXIMUM RATES
Single $ 347.80 $ 354.60 $ 349,90
Couple (each) $ 290.10 $ 295.80 $ 291.80
PAYMENT REDUCTIONS
Assets/$1000 $ 3 $ 3 $ 3
Income/dollar
Single $ 0.50 $ 0.50 $ 0.50
Couple each $ 0.25 $ 0.25 $ 0.25
PHARMACEUTICAL
Single $ 5.40 $ 5.40 $ 5.40
Couple (one) $ 2.70 $ 2.70 $ 2.70
NEWSTART ETC (over 20)
No Children
Single $ 321.50 $ 321.50 $ 321.50
Max Income $ 542.14 $ 542.14 $ 542.14
Couple $ 290.10 $ 290.10 $ 290.10
Max Income $ 497.29 $ 497.29 $ 497.29
SOCIAL SECURITY RATES FAMILY PAYMENTS
from Sep 97 Jul98 Jul98 Sep98
FAMILY PAYMENT
Max Child u13 $ 96.00 $ 96.40 $ 96.40
Max Child 13-15$ 124.90 $ 125.40 $ 125.40
Max student $ 60.00 $ $
Min per child $ 23.40 $ 23.50 $ 23.50
Min 4th child +$ 7.70 $ 7.70 $ 7.70
Income Test Max Pension Pension Pension
1 child $ 23350 $ 23400 $ 23400
2 children $ 23974 $ 24024 $ 24024
3 children $ 24598 $ 24648 $ 24648
4 children $ 25222 $ 25272 $ 25272
each extra add $ 624 $ 624 $ 624
Income Test No Pension Pension Pension
1 child $ 65743 $ 65941 $ 65941
2 children $ 69031 $ 69239 $ 69239
3 children $ 72319 $ 72537 $ 72537
4 children $ 75607 $ 75835 $ 75835
each extra add $ 3288 $ 3298 $ 3298
SOCIAL SECURITY RATES NOTES
from Sep 97
Assets Test Max$406,000 $407,250 $407,250
Assets Test No $602,500 $604,250 $604,250
Child Disability Allce
Maximum income includes taxable income, foreign income, certain employer provided benefits and net loss from rental property.
Max Pension indicates that the maximum pension is paid with
assets or income below threshold.
Pension is reduced as income/assets increase.
No Pension indicates that no pension is paid above the threshold.
Compensation income (workers compensation) reduces some payments on a dollar for dollar basis. Lump sum payments are subject to special rules. All pensions etc are paid fortnightly at the above rates.
OLD RATES INCOME ASSETS TEST
from Jul 96 Sep 96 Jan 97 Mar97 Jun97
INCOME TEST MAX PENSION
Single Income $ 98.00 $ 98.00 $ 98.00 $ 98.00 $ 100.00
Couple (joint) $ 172.00 $ 172.00 $ 172.00 $ 172.00 $ 176.00
Child add $ 24.00 $ 24.00 $ 24.00 $ 24.00 $ 24.00
INCOME TEST NO PENSION
Single Income $ 794.00 $ 801.60 $ 801.60 $ 804.40 $ 804.40
Couple (joint) $1326.00 $1338.40 $1338.40 $1343.20 $1343.20
Child add $ 24.00 $ 24.00 $ 24.00 $ 24.00 $ 24.00
ASSETS TEST MAX PENSION
Single Homeown $124,000 $124,000 $124,000 $124,000 $125,750
Single No Home $212,500 $212,500 $212,500 $212,500 $215,750
Couple Homeown $176,000 $176,000 $176,000 $176,000 $178,500
Couple No Home $264,500 $264,500 $264,500 $264,500 $268,500
ASSETS TEST NO PENSION
Single Homeown $240,000 $241,500 $241,500 $241,500 $243,500
Single No Home $328,500 $330,000 $330,000 $330,000 $333,500
Couple Homeown $368,500 $370,500 $370,500 $370,500 $374,000
Couple No Home $457,000 $459,000 $459,000 $460,000 $464,000
SOCIAL SECURITY RATES JOBSEARCH ETC
from Jul 96 Sep 96 Jan 97 Mar 97 Jun 97
MAXIMUM RATES
Single $ 342.60 $ 346.40 $ 346.40 $ 347.80 $ 347.80
Couple (each) $ 285.80 $ 288.90 $ 288.90 $ 290.10 $ 290.10
PAYMENT REDUCTIONS
Assets/$1000 $ 3 $ 3 $ 3 $ 3 $ 3
Income/dollar
Single $ 0.50 $ 0.50 $ 0.50 $ 0.50 $ 0.50
Couple each $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25
PHARMACEUTICAL
Single $ $ 5.40 $ 5.40 $ 5.40 $ 5.40
Couple (one) $ $ 2.70 $ 2.70 $ 2.70 $ 2.70
NEWSTART ETC (over 20)
No Children
Single $ 316.70 $ 320.20 $ 320.20 $ 321.50 $ 321.50
Max Income $ $ 540.29 $ 540.29 $ 542.14 $ 542.14
Couple $ 285.80 $ 288.90 $ 288.90 $ 290.10 $ 290.10
Max Income $ $ 495.57 $ 495.57 $ 497.29 $ 497.29
SOCIAL SECURITY RATES FAMILY PAYMENTS
from Jul 96 Sep 96 Jan 97 Mar 97 Jun 97
FAMILY PAYMENT
Max Child u13 $ 93.10 $ 93.10 $ 96.00 $ 96.00 $ 96.00
Max Child 13-15$ 121.10 $ 121.10 $ 124.90 $ 124.90 $ 124.90
Max student $ 58.20 $ 58.20 $ 60.00 $ 60.00 $ 60.00
Min per child $ 22.70 $ 22.70 $ 23.40 $ 23.40 $ 23.40
Min 4th child +$ 7.50 $ 7.50 $ 7.70 $ 7.70 $ 7.70
Income Test Max Pension
1 child $ 22650 $ 22650 $ 23350 $ 23350 $ 23350
2 children $ 23274 $ 23274 $ 23974 $ 23974 $ 23974
3 children $ 23898 $ 23898 $ 24598 $ 24598 $ 24598
4 children $ 24522 $ 24522 $ 25222 $ 25222 $ 25222
each extra add $ 624 $ 624 $ 624 $ 624 $ 624
Income Test No Pension
1 child $ 63766 $ 63766 $ 65743 $ 65743 $ 65743
2 children $ 66955 $ 66955 $ 69031 $ 69031 $ 69031
3 children $ 70144 $ 70144 $ 72319 $ 72319 $ 72319
4 children $ 73333 $ 73333 $ 75607 $ 75607 $ 75607
each extra add $ 3189 $ 3189 $ 3288 $ 3288 $ 3288
SOCIAL SECURITY RATES NOTES
from Jul 96 Sep 96 Jan 97 Mar 97 Jun 97
Assets Test Max$393,750 $393,750 $406,000 $406,000 $406,000
Assets Test No $584,500 $584,500 $602,500 $602,500 $602,500
Child Disability Allce $ 74.90 $ 74.90 $ 74.90
Maximum income includes taxable income, foreign income, certain employer provided benefits and net loss from rental property.
Max Pension indicates that the maximum pension is paid with
assets or income below threshold.
Pension is reduced as income/assets increase.
No Pension indicates that no pension is paid above the threshold.
Compensation income (workers compensation) reduces some payments on a dollar for dollar basis. Lump sum payments are subject to special rules.
 | Database |