Budget 2014 - Centrelink - Freezing thresholds for payments for 3 years

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