Income support asset limits 20 September 2015 | Compensation and Support Reference Library, Payment Rates, Historical Payment Rates, 2015 rates, 20 September 2015

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Income support asset limits 20 September 2015

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 Old rateNew RateDifference
Income support asset limits01/07/201520/09/2015 
Assets value limit   
Homeowner Limit 
Single$205,500.00$205,500.00$0.00
Partnered (each) including illness separated and respite care$145,750.00$145,750.00$0.00
Non-homeowner Limit 
Single$354,500.00$354,500.00$0.00
Partnered (each) including illness separated and respite care$220,250.00$220,250.00$0.00
    
Extra allowable amount Limit 
Extra allowable amount$149,000.00$149,000.00$0.00
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple$779,000.00$783,500.00$4,500.00
Partnered - combined$1,156,500.00$1,163,000.00$6,500.00
Illness Separated - combined$1,438,500.00$1,447,500.00$9,000.00
High Limit (without RA) Limit 
Not a Member of a Couple$928,000.00$932,500.00$4,500.00
Partnered - combined$1,305,500.00$1,312,000.00$6,500.00
Illness Separated - combined$1,587,500.00$1,596,500.00$9,000.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple$769,750.00$774,250.00$4,500.00
Partnered - combined$1,142,000.00$1,149,000.00$7,000.00
Illness Separated - combined$1,420,000.00$1,429,000.00$9,000.00
High Limit (without RA) Limit 
Not a Member of a Couple$918,750.00$923,250.00$4,500.00
Partnered - combined$1,291,000.00$1,298,000.00$7,000.00
Illness Separated - combined$1,569,000.00$1,578,000.00$9,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple$689,500.00$693,250.00$3,750.00
Partnered - combined$1,072,500.00$1,078,500.00$6,000.00
Illness Separated - combined$1,259,500.00$1,267,000.00$7,500.00
High Limit (without RA) Limit 
Not a Member of a Couple$838,500.00$842,250.00$3,750.00
Partnered - combined$1,221,500.00$1,227,500.00$6,000.00
Illness Separated - combined$1,408,500.00$1,416,000.00$7,500.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple$680,000.00$684,000.00$4,000.00
Partnered - combined$1,058,000.00$1,064,500.00$6,500.00
Illness Separated - combined$1,240,500.00$1,248,500.00$8,000.00
High Limit (without RA) Limit 
Not a Member of a Couple$829,000.00$833,000.00$4,000.00
Partnered - combined$1,207,000.00$1,213,500.00$6,500.00
Illness Separated - combined$1,389,500.00$1,397,500.00$8,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple$746,750.00$751,250.00$4,500.00
Partnered - combined$1,107,500.00$1,114,000.00$6,500.00
Illness Separated - combined$1,374,000.00$1,383,000.00$9,000.00
Non-homeowner Limit 
Not a Member of a Couple$895,750.00$900,250.00$4,500.00
Partnered - combined$1,256,500.00$1,263,000.00$6,500.00
Illness Separated - combined$1,523,000.00$1,532,000.00$9,000.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple$657,250.00$660,750.00$3,500.00
Partnered - combined$1,023,500.00$1,029,500.00$6,000.00
Illness Separated - combined$1,195,000.00$1,202,000.00$7,000.00
Non-homeowner Limit 
Not a Member of a Couple$806,250.00$809,750.00$3,500.00
Partnered - combined$1,172,500.00$1,178,500.00$6,000.00
Illness Separated - combined$1,344,000.00$1,351,000.00$7,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple$597,750.00$601,000.00$3,250.00
Partnered - combined$798,500.00$802,500.00$4,000.00
Illness Separated - combined$1,076,000.00$1,082,500.00$6,500.00
Non-homeowner Limit 
Not a Member of a Couple$746,750.00$750,000.00$3,250.00
Partnered - combined$947,500.00$951,500.00$4,000.00
Illness Separated - combined$1,225,000.00$1,231,500.00$6,500.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple$508,250.00$510,500.00$2,250.00
Partnered - combined$714,500.00$717,500.00$3,000.00
Illness Separated - combined$897,000.00$901,500.00$4,500.00
Non-homeowner Limit 
Not a Member of a Couple$657,250.00$659,500.00$2,250.00
Partnered - combined$863,500.00$866,500.00$3,000.00
Illness Separated - combined$1,046,000.00$1,050,500.00$4,500.00