Under the provisions of section 130A(8) of the Electoral Act 1985, if a monetary amount is followed by the word ‘indexed’, the amount is adjusted on 1 July each financial year.
The table below contains the indexed values for the financial years 2022–23 and 2023–24.
|
Amounts in the Electoral Act 1985 |
2022–23 financial year indexed amounts |
2023–24 financial year indexed amounts (effective 1 July 2023) |
|
$3.00 |
$3.51 |
$3.78 |
|
$3.50 |
$4.09 |
$4.41 |
|
$5,000 |
$5,838 |
$6,299 |
|
$7,000 |
$8,173 |
$8,819 |
|
$10,000 |
$11,675 |
$12,598 |
|
$12,000 |
$14,010 |
$15,118 |
|
$35,000 |
$40,862 |
$44,092 |
|
$60,000 |
$70,048 |
$75,586 |
|
$75,000 |
$87,560 |
$94,482 |
|
$100,000 |
$116,746 |
$125,976 |
|
$125,000 |
$145,933 |
$157,470 |
|
$500,000 |
$583,730 |
$629,877 |