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Income support asset limits 1 January 2016

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 Old rateNew RateDifference
Income support asset limits20/09/201501/01/2016 
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$783,500.00$783,500.00$0.00
Partnered - combined$1,163,000.00$1,163,000.00$0.00
Illness Separated - combined$1,447,500.00$1,447,500.00$0.00
High Limit (without RA) Limit 
Not a Member of a Couple$932,500.00$932,500.00$0.00
Partnered - combined$1,312,000.00$1,312,000.00$0.00
Illness Separated - combined$1,596,500.00$1,596,500.00$0.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple$774,250.00$774,250.00$0.00
Partnered - combined$1,149,000.00$1,149,000.00$0.00
Illness Separated - combined$1,429,000.00$1,429,000.00$0.00
High Limit (without RA) Limit 
Not a Member of a Couple$923,250.00$923,250.00$0.00
Partnered - combined$1,298,000.00$1,298,000.00$0.00
Illness Separated - combined$1,578,000.00$1,578,000.00$0.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple$693,250.00$693,250.00$0.00
Partnered - combined$1,078,500.00$1,078,500.00$0.00
Illness Separated - combined$1,267,000.00$1,267,000.00$0.00
High Limit (without RA) Limit 
Not a Member of a Couple$842,250.00$842,250.00$0.00
Partnered - combined$1,227,500.00$1,227,500.00$0.00
Illness Separated - combined$1,416,000.00$1,416,000.00$0.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple$684,000.00$684,000.00$0.00
Partnered - combined$1,064,500.00$1,064,500.00$0.00
Illness Separated - combined$1,248,500.00$1,248,500.00$0.00
High Limit (without RA) Limit 
Not a Member of a Couple$833,000.00$833,000.00$0.00
Partnered - combined$1,213,500.00$1,213,500.00$0.00
Illness Separated - combined$1,397,500.00$1,397,500.00$0.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple$751,250.00$751,250.00$0.00
Partnered - combined$1,114,000.00$1,114,000.00$0.00
Illness Separated - combined$1,383,000.00$1,383,000.00$0.00
Non-homeowner Limit 
Not a Member of a Couple$900,250.00$900,250.00$0.00
Partnered - combined$1,263,000.00$1,263,000.00$0.00
Illness Separated - combined$1,532,000.00$1,532,000.00$0.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple$660,750.00$660,750.00$0.00
Partnered - combined$1,029,500.00$1,029,500.00$0.00
Illness Separated - combined$1,202,000.00$1,202,000.00$0.00
Non-homeowner Limit 
Not a Member of a Couple$809,750.00$809,750.00$0.00
Partnered - combined$1,178,500.00$1,178,500.00$0.00
Illness Separated - combined$1,351,000.00$1,351,000.00$0.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple$601,000.00$601,000.00$0.00
Partnered - combined$802,500.00$802,500.00$0.00
Illness Separated - combined$1,082,500.00$1,082,500.00$0.00
Non-homeowner Limit 
Not a Member of a Couple$750,000.00$750,000.00$0.00
Partnered - combined$951,500.00$951,500.00$0.00
Illness Separated - combined$1,231,500.00$1,231,500.00$0.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple$510,500.00$510,500.00$0.00
Partnered - combined$717,500.00$717,500.00$0.00
Illness Separated - combined$901,500.00$901,500.00$0.00
Non-homeowner Limit 
Not a Member of a Couple$659,500.00$659,500.00$0.00
Partnered - combined$866,500.00$866,500.00$0.00
Illness Separated - combined$1,050,500.00$1,050,500.00$0.00