Section 59B — Veterans' Entitlements Act 1986: CPI Indexation Table

(1) Subject to subsection (1A), an amount referred to in the following CPI Indexation Table is to be indexed under this Division on each indexation day for the amount, using the reference quarter and base quarter for the amount and indexation day and rounding off to the nearest multiple of the rounding amount: CPI Indexation Table Column 1 Item Column 2 Amount Column 3 Indexation day(s) Column 4 Reference quarter (most recent before indexation day) Column 5 Base quarter Column 6 Rounding base Maximum basic rates 1. pension MBR (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $2.60 1A PS rate (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 2009) $5.20 1B PS minimum rate (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 2009) $5.20 1C PS basic rate (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than December quarter 2008) $2.60 Rent assistance 3. pension MRA (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $5.20 3A. pension rent threshold (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $5.20 3B. pension MRA (couples) (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $5.20 3C. pension rent threshold (couples) (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $5.20 Income free areas 4. pension free area 1 July March highest March quarter before reference quarter (but not earlier than March quarter 2025) $52.00 Assets value limits 6. pension single property owner AVL 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 7. pension partnered property owner AVL 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 8. pension partnered non-property owner AVL 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 8A. special disability trust AVL 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 8B. Exempt funeral investment threshold 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 Income/assets reduction limit 9. IARL basic reduction (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 1979) $2.60 Deeming thresholds 11. Deeming threshold individual 1 July March highest March quarter before reference quarter (but not earlier than March 1994 quarter) $200.00 12. Deeming threshold couple 1 July March highest March quarter before reference quarter (but not earlier than March 1994 quarter) $200.00 Primary production attribution threshold 13. Primary production attribution threshold 1 July December highest December quarter before reference quarter (but not earlier than December quarter 2024) $250.00 Maximum transitional service pension rates 14. Maximum transitional service pension rates (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 2008) $2.60 Maximum transitional income support supplement rates 15. Maximum transitional income support supplement rates (a) 20 March (b) 20 September (a) December (b) June highest June or December quarter before reference quarter (but not earlier than June quarter 2008) $2.60 (1A) The pension MBR amount (item 1 of table) is not to be indexed on 20 March 1993. Highest quarter (2) A reference in the CPI Indexation Table to the highest of a group of quarters is a reference to the quarter in that group that has the highest index number.