Freezing thresholds for Australian Government payments for three years
The Government will freeze indexation of the income free area and asset test limits for a range of pensions as well as working age allowance payments, student payments and parenting payments as detailed in the following table.
|
Non-pension payments |
Pension Payments |
|
|
Three year period commences |
1 July 2014 |
1 July 2017 |
|
Affected payments include |
Family Tax Benefit, Child Care Benefit, Newstart Allowance, Widow Allowance, Sickness Allowance, Partner Allowance, Parenting Payment, Youth Allowance and Austudy/ABSTUDY |
Age Pension, Carer Payment, Disability Support Pension Bereavement Payment and Veterans’ Service Pension |