4.10.7.20 Historical Assets Limits for Pensioner Concessions - General

Assets limits for pensioner concessions

The following table shows the assets (1.1.A.290) limits for pensioner concessions from 21 March 1985. The assets limits only apply to pensioner concessions if the pension rate is determined under the assets test. There are no additional amounts for dependent children (1.1.D.70). However, if payment is made under the hardship provisions, eligibility for pensioner concessions is based on the income limits only. Amounts shown are in dollars.

Date Single Partnered
Homeowner Non-homeowner Homeowner (combined) Non-homeowner (combined)
21/03/1985 80,000 130,000 115,000 165,000
01/05/1986 86,500 140,750 124,500 178,500
25/06/1987 95,000 155,000 136,500 196,500
23/06/1988 101,750 165,750 146,000 210,000
22/06/1989 109,500 178,000 157,000 225,500
21/06/1990 118,000 192,000 169,000 243,000
04/07/1991 126,250 205,750 180,500 260,000
02/07/1992 128,250 208,750 183,000 263,500

Note: The pensioner fringe benefits income and assets tests were abolished in April 1993.

Act reference: SSAct section 8(1)-'income', section 11(4) Homeowner

Last reviewed: 11 August 2014