What's new

1 July 2020 (v1.270)

Page Title Details
Government response to Coronavirus Updated to reflect Social Security (Coronavirus Economic Response-2020 Measures No. 10) Determination 2020 and temporary waiver of the qualifying residence period (parenting payment only).
1.2.7.165 Student start-up loan (SSL) - description Added link to 'Study and training loan repayment thresholds and rates' on the Australian Taxation Office's website.
3.1.2.20 Liquid assets test waiting period Updated to reflect temporary changes to the liquid assets test waiting period in response to the COVID-19 outbreak.
3.1.2.70 Exemptions from waiting periods Updated to reflect temporary exemption from liquid assets test waiting period, newly arrived resident's waiting period and ordinary waiting period.
3.1.7.10 Who is affected by an SWPP Updated to reflect temporary exemption from seasonal work preclusion period.
3.1.11.30 Working credit depletion Updated to reflect indexation.
3.1.11.40 Working credit daily calculation examples Updated calculation with limits and payment rates as at 1 July 2020.
3.4.1.20 Payability of Age Clarified multiple entitlement exclusion policy.
3.5.1.70 Residence qualification for PP - overview Updated to reflect temporary exemption from the qualifying residence period.
3.6.4.40 Qualification for CP during temporary cessation of care Added example related to COVID-19.
3.6.7.50 Qualification for CA during temporary cessation of care Added example related to COVID-19.
3.8.1.40 Notification, verification & recipient obligations for RA Updated to reflect rent verification exemption extended to all recipients of an income support payment or FTB.
3.8.1.55 Date of effect & arrears of RA Clarified policy.
3.9.1.70 LIC - assessment of income Updated income limits.
3.9.3.30 Assessment of income for CSHC Clarified policy.
4.2.2 Benefits income test & limits Updated to reflect indexation.
4.2.4.20 PPP income & assets test & limits Updated to reflect income free area at 1 July 2020.
4.3.2.35 Income exempt from assessment - s 8(11) exempt lump sums Updated list of lump sums specifically exempted under section 8(11).
4.4.1.10 Overview of deeming Updated to reflect 1 July 2020 deeming rate and thresholds.
4.6.2.10 General provisions for exempt assets Updated to reflect indexation of exempt funeral investment threshold.
4.9.2.15 Characteristics of asset-test exempt income streams purchased from 20/09/2004 & before 20/09/2007 Updated to reflect changes to minimum drawdown requirements for market-linked income streams.
4.9.3.30 Means test assessment of asset-tested income streams (long term) Updated policy.
4.10.2 Historical unemployment & sickness benefit income test Updated to reflect indexation and temporary changes to income taper rate for jobseeker payment.
4.10.3 Historical age & invalid (disability support) pension income & assets limits Updated to reflect indexation.
4.10.4.10 Historical widow class A & sole parent benefit means test limits Updated to reflect indexation.
4.10.4.20 Historical widow B means test limits & additional payments Updated to reflect cessation of widow B pension.
4.10.7.60 Historical Income Limits for LIC from 20/09/1996 Updated income limits.
4.12.11.20 Qualification provisions for the primary production concession Updated to reflect indexation.
4.13.1.10 What is compensation Clarified policy.
4.14.3.40 Means testing of special disability trusts Updated concessional asset value limit.
5.1.4.30 Calculating a rate of PP - partnered Updated income test tapers.
5.1.10.40 EMEP - current rates Updated to reflect indexation.
5.2.9.20 EMEP - historical rates Updated to reflect indexation.
5.3.1.10 Taxation of payments & PAYG payment summary - individual non-business Clarified taxation of youth disability supplement.
5.5.2.10 Single person 22 years & over, no dependents, income over $256 per fortnight Updated to reflect 1 July 2020 income free area.
5.5.2.20 Single person 22 years & over, no dependents, income $256 & under per fortnight Updated to reflect 1 July 2020 income free area.
5.5.2.30 Single person 22 years & over, no dependents, paying no rent Updated to reflect 1 July 2020 income free area.
5.5.2.50 Single person 22 years & over, principal carer of dependent children Updated to reflect 1 July 2020 income free area.
8.3.3.15 Backdated Start Days - Transitional Arrangements for Pension Claims from 20/09/2007 to 20/12/2007 (deleted) Removed information.