The current asset thresholds for the Residential Care Subsidy

On 24 May 2012, as part of the budget adjustments, changes were announced to asset thresholds for the residential care subsidy. Essentially the asset threshold will be increased by the consumer price index each year on 1 July instead of by a flat $10,000 as previously. The Ministry of Health website article "Changes to the Residential Care Subsidy Asset Threshold" gives further information about these changes.

Reviewed: 20/08/2012

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