Effective 1 July 2026 the thresholds that apply to residential care subsidy (RCS) applications have been updated. The assets limits for the 65 + demographic are now:
- Threshold A – $300,811
- Threshold B – $164,731 (excluding the family home and car).
The gifting limit for the five-year period before an RCS application is now $8,500 per annum. This means that the threshold for allowable gifts during the gifting period (which is based on 5 years of the gifting amount) increases from $40,000 to $42,500.
The income from assets limits are now:
- $1,306 a year for a single person
- $2,612 a year for a couple when both have been assessed as needing care
- $3,918 a year for a couple where one partner has been assessed as needing care
The adjusted amounts apply for the year beginning on 1 July 2026. On 1 July 2027, the amounts will be reviewed to reflect the upward movement (if any) in the relevant index numbers for the year ending on 31 March 2027.
References:
Matters of Trust 
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