The 2018-19 State Budget provides indexation increases to be paid on ongoing operational State funding.
The indexation rate will be applied to each service stream based on the proportion of State and Commonwealth funding and respective State and/or Commonwealth indices to calculate the weighted average indexation rate for existing ongoing funding arrangements in each service stream.
This year the applicable indexation rates are:
- 2.63 per cent - Communities, Seniors and Community Care (State funded)
- 2.55 per cent - Disability Services (State and Commonwealth funded)
Indexation payments will be calculated from 1 July 2018, with the first quarter payment to be released to organisations as soon as possible.