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The income test for the LIC applied to an applicant's average income (section 8(1)-'income') in the 4 weeks before applying for a LIC. This was changed from 1 July 1998 and extended to the 8 weeks before claim. An applicant's income must be below the relevant limit, which is indexed in March and September of each year. Once qualified, the card is issued for 26 weeks. The income limit amount can be exceeded by up to 25% during this period without affecting eligibility for the card. When renewing the card, limits revert to the 100% qualifying amounts. The following table shows the income limits from 20 September 1996. Amounts are shown in dollars per week.
Act reference: SSAct section 8(1)-'income'
|
Date |
Single |
Single/Couple with 1 child |
Couple (combined) |
For each additional child add |
|
20/09/1996 |
285.00 |
509.00 |
475.00 |
34.00 |
|
20/03/1997 |
286.00 |
510.00 |
476.00 |
34.00 |
|
20/09/1997 |
286.00 |
511.00 |
477.00 |
34.00 |
|
20/03/1998 |
286.00 |
511.00 |
477.00 |
34.00 |
|
20/09/1998 |
288.00 |
513.00 |
479.00 |
34.00 |
|
20/03/1999 |
289.00 |
516.00 |
482.00 |
34.00 |
|
20/09/1999 |
290.00 |
517.00 |
483.00 |
34.00 |
|
20/03/2000 |
294.00 |
524.00 |
490.00 |
34.00 |
|
01/07/2000 |
305.00 |
542.00 |
508.00 |
34.00 |
|
20/09/2000 |
309.00 |
549.00 |
515.00 |
34.00 |
|
20/03/2001 |
315.00 |
558.00 |
524.00 |
34.00 |
|
20/09/2001 |
320.00 |
567.00 |
533.00 |
34.00 |
|
20/03/2002 |
323.00 |
573.00 |
539.00 |
34.00 |
|
20/09/2002 |
328.00 |
580.00 |
546.00 |
34.00 |
|
20/03/2003 |
332.00 |
587.00 |
553.00 |
34.00 |
|
20/09/2003 |
336.00 |
593.00 |
559.00 |
34.00 |
|
20/03/2004 |
339.00 |
599.00 |
565.00 |
34.00 |
|
20/09/2004 |
343.00 |
606.00 |
572.00 |
34.00 |
|
20/03/2005 |
347.00 |
612.00 |
578.00 |
34.00 |
|
20/09/2005 |
351.00 |
619.00 |
585.00 |
34.00 |
|
20/03/2006 |
356.00 |
627.00 |
593.00 |
34.00 |
|
01/07/2006 |
411.00 |
719.00 |
685.00 |
34.00 |
|
20/09/2006 |
420.00 |
734.00 |
700.00 |
34.00 |
| 20/03/2007 |
423.00 |
739.00 |
705.00 |
34.00 |
|
20/09/2007 |
429.00 |
748.00 |
714.00 |
34.00 |
|
20/03/2008 |
435.00 |
759.00 |
725.00 |
34.00 |
|
20/09/2008 |
446.00 |
777.00 |
743.00 |
34.00 |
|
20/03/2009 |
450.00 |
783.00 |
749.00 | 34.00 |
|
20/09/2009 |
452.00 |
787.00 |
753.00 |
34.00 |
|
20/03/2010 |
459.00 |
798.00 |
764.00 |
34.00 |
| Date |
Single (no children) |
Single (one dependent child), or Couple, combined (no children) |
For each additional child, add |
|
20/09/2010 |
$465.00 |
$808.00 |
$34.00 |
|
20/03/2011 |
$470.00 |
$816.00 |
$34.00 |
|
20/09/2011 |
$480.00 |
$834.00 |
$34.00 |
|
20/03/2012 |
$483.00 |
$838.00 |
$34.00 |
Notes
These notes relate to historical qualifying limits for LIC.
|
A |
CPI factor for March 1998 did not result in an increase to limits. |
|
B |
Increase for 1 July 2000 reflected one-off GST compensation arrangements. |
| Increase for 1 July 2006 is due to flow-on effects from Welfare to Work measures. |
|
Date |
Single |
Single/Couple with 1 child |
Couple (combined) |
For each additional child add |
|
20/09/1996 |
356.25 |
636.25 |
593.75 |
42.50 |
|
20/03/1997 |
357.50 |
637.50 |
595.00 |
42.50 |
|
20/09/1997 |
357.50 |
638.75 |
596.25 |
42.50 |
|
20/03/1998 |
357.50 |
638.75 |
596.25 |
42.50 |
|
20/09/1998 |
360.00 |
641.25 |
598.75 |
42.50 |
|
20/03/1999 |
361.25 |
645.00 |
602.50 |
42.50 |
|
20/09/1999 |
362.50 |
646.25 |
603.75 |
42.50 |
|
20/03/2000 |
367.50 |
655.00 |
612.50 |
42.50 |
|
01/07/2000 |
381.25 |
677.50 |
635.00 |
42.50 |
|
20/09/2000 |
386.25 |
686.25 |
643.75 |
42.50 |
|
20/03/2001 |
393.75 |
697.50 |
655.00 |
42.50 |
|
20/09/2001 |
400.00 |
708.75 |
666.25 |
42.50 |
|
20/03/2002 |
403.75 |
716.25 |
673.75 |
42.50 |
|
20/09/2002 |
410.00 |
725.00 |
682.50 |
42.50 |
|
20/03/2003 |
415.00 |
733.75 |
691.25 |
42.50 |
|
20/09/2003 |
420.00 |
741.25 |
698.75 |
42.50 |
|
20/03/2004 |
423.75 |
748.75 |
706.25 |
42.50 |
|
20/09/2004 |
428.75 |
757.50 |
715.00 |
42.50 |
|
20/03/2005 |
433.75 |
765.00 |
722.50 |
42.50 |
|
20/09/2005 |
438.75 |
773.75 |
731.25 |
42.50 |
|
20/03/2006 |
445.00 |
783.75 |
741.25 |
42.50 |
|
01/07/2006 |
513.75 |
898.75 |
856.25 |
42.50 |
|
20/09/2006 |
525.00 |
917.50 |
875.00 |
42.50 |
|
20/03/2007 |
528.75 |
923.75 |
881.25 |
42.50 |
|
20/09/2007 |
536.25 |
935.00 |
892.50 |
42.50 |
|
20/03/2008 |
543.75 |
948.75 |
906.25 |
42.50 |
|
20/09/2008 |
557.50 |
971.25 |
928.75 |
42.50 |
|
20/03/2009 |
562.50 |
978.75 |
936.25 |
42.50 |
|
20/09/2009 |
565.00 |
983.75 |
941.25 |
42.50 |
|
20/03/2010 |
573.75 |
997.50 |
955.00 |
42.50 |
| Date | Single (no children) |
Single (one dependent child), or Couple, combined (no children) |
For each additional child, add |
|
20/09/2010 |
$581.25 |
$1,010.00 |
$42.50 |
|
20/03/2011 |
$587.50 |
$1,020.00 |
$42.50 |
|
20/09/2011 |
$600.00 |
$1,042.50 |
$42.50 |
|
20/03/2012 |
$603.75 |
$1,047.50 |
$42.50 |
_______________________________________________________
Last reviewed: 20 March 2012
