Document ID: chunk:federal_register_of_legislation:C2025C00162:clause:1a_1195:p1
Version: federal_register_of_legislation:C2025C00162
Segment Type: clause
Provision Reference: sch 1A cl 1195 (pt 1/2)
Character Range: 2499423–2502094

1195  Certain indexed amounts to be increased in line with increases in Male Total Average Weekly Earnings
 (1) For the purposes of this section:
 (a) a category A amount is the annual rate specified in point 1068A‑B1; and
 (b) a category B amount is an amount specified as set out below:
 (i) point 1064‑B1—Table B—item 2—column 3;
 (ii) point 1065‑B1—Table B—item 2—column 3.
 (2) If:
 (a) a category A amount is to be indexed under this Division on an indexation day; and
 (b) 25% of the annualised MTAWE figure for whichever of the following quarters is applicable:
 (i) if the indexation day is a 20 March—the most recent December quarter;
 (ii) if the indexation day is a 20 September—the most recent June quarter;
  exceeds the indexed amount for the category A amount;
then:
 (c) the indexed amount for the category A amount is to be increased by an amount equal to the excess; and
 (d) if the indexed amount for the category A amount (as increased under paragraph (c)) is not a multiple of $2.60, the indexed amount (as increased under paragraph (c)) is to be further increased by rounding up to the next highest multiple of $2.60.
 (2A) If:
 (a) a category B amount is to be indexed under this Division on an indexation day; and
 (b) 50% of the combined couple benchmark for that indexation day exceeds the indexed amount for the category B amount;
then:
 (c) the indexed amount for the category B amount is to be increased by an amount equal to the excess; and
 (d) if the indexed amount for the category B amount (as increased under paragraph (c)) is not a multiple of $2.60, the indexed amount (as increased under paragraph (c)) is to be further increased by rounding up to the next highest multiple of $2.60.
 (2B) For the purposes of this section, the combined couple benchmark, for an indexation day, is 41.76% of the annualised MTAWE figure for whichever of the following quarters is applicable:
 (a) if the indexation day is a 20 March—the most recent December quarter;
 (b) if the indexation day is a 20 September—the most recent June quarter.
 (3) For the purposes of this section, the annualised MTAWE figure for a quarter is 52 times the amount set out for the reference period in the quarter under the headings "Average Weekly Earnings of Employees, Australia—Males—All males—Total earnings—ORIGINAL" in a document published by the Australian Statistician entitled "Average Weekly Earnings, States and Australia".
 (4) If at any time (whether before or after the commencement of this section), the Australian Statistician publishes the amount referred to in subsection (3):
 (a) under differently described headings (the new headings); or
 (b) in a