Income support asset limits
Assets value limit |
|||
Homeowner |
Limit |
||
Single |
$196,750.00 |
$196,750.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$139,500.00 |
$139,500.00 |
$0.00 |
Non-homeowner |
Limit |
||
Single |
$339,250.00 |
$339,250.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$210,750.00 |
$210,750.00 |
$0.00 |
Extra allowable amount |
Limit |
||
Extra allowable amount |
$142,500.00 |
$142,500.00 |
$0.00 |
Asset Levels at which SP/AP ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$748,250.00 |
$758,750.00 |
$10,500.00 |
Partnered - combined |
$1,110,500.00 |
$1,126,500.00 |
$16,000.00 |
Illness Separated - combined |
$1,382,000.00 |
$1,403,000.00 |
$21,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$890,750.00 |
$901,250.00 |
$10,500.00 |
Partnered - combined |
$1,253,000.00 |
$1,269,000.00 |
$16,000.00 |
Illness Separated - combined |
$1,524,500.00 |
$1,545,500.00 |
$21,000.00 |
Asset Levels at which ISS ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$739,250.00 |
$749,500.00 |
$10,250.00 |
Partnered - combined |
$1,096,500.00 |
$1,112,500.00 |
$16,000.00 |
Illness Separated - combined |
$1,364,000.00 |
$1,384,500.00 |
$20,500.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$890,750.00 |
$901,250.00 |
$10,500.00 |
Partnered - combined |
$1,253,000.00 |
$1,269,000.00 |
$16,000.00 |
Illness Separated - combined |
$1,524,500.00 |
$1,545,500.00 |
$21,000.00 |
Asset Levels at which SP/AP ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$663,750.00 |
$672,750.00 |
$9,000.00 |
Partnered - combined |
$1,032,500.00 |
$1,046,500.00 |
$14,000.00 |
Illness Separated - combined |
$1,213,000.00 |
$1,231,000.00 |
$18,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$806,250.00 |
$815,250.00 |
$9,000.00 |
Partnered - combined |
$1,175,000.00 |
$1,189,000.00 |
$14,000.00 |
Illness Separated - combined |
$1,355,500.00 |
$1,373,500.00 |
$18,000.00 |
Asset Levels at which ISS ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$654,750.00 |
$663,500.00 |
$8,750.00 |
Partnered - combined |
$1,018,500.00 |
$1,032,500.00 |
$14,000.00 |
Illness Separated - combined |
$1,195,000.00 |
$1,212,500.00 |
$17,500.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$797,250.00 |
$806,000.00 |
$8,750.00 |
Partnered - combined |
$1,161,000.00 |
$1,175,000.00 |
$14,000.00 |
Illness Separated - combined |
$1,337,500.00 |
$1,355,000.00 |
$17,500.00 |
Assets at which minimum payment paid (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$717,250.00 |
$727,000.00 |
$9,750.00 |
Partnered - combined |
$1,063,500.00 |
$1,078,500.00 |
$15,000.00 |
Illness Separated - combined |
$1,320,000.00 |
$1,339,500.00 |
$19,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$859,750.00 |
$869,500.00 |
$9,750.00 |
Partnered - combined |
$1,206,000.00 |
$1,221,000.00 |
$15,000.00 |
Illness Separated - combined |
$1,462,500.00 |
$1,482,000.00 |
$19,500.00 |
Assets at which minimum payment paid (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$632,750.00 |
$641,000.00 |
$8,250.00 |
Partnered - combined |
$985,500.00 |
$999,000.00 |
$13,500.00 |
Illness Separated - combined |
$1,151,000.00 |
$1,167,500.00 |
$16,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$775,250.00 |
$783,500.00 |
$8,250.00 |
Partnered - combined |
$1,128,000.00 |
$1,141,500.00 |
$13,500.00 |
Illness Separated - combined |
$1,293,500.00 |
$1,310,000.00 |
$16,500.00 |
Assets at which ISS reduces (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$574,000.00 |
$581,250.00 |
$7,250.00 |
Partnered - combined |
$766,500.00 |
$776,000.00 |
$9,500.00 |
Illness Separated - combined |
$1,033,500.00 |
$1,048,000.00 |
$14,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$716,500.00 |
$723,750.00 |
$7,250.00 |
Partnered - combined |
$909,000.00 |
$918,500.00 |
$9,500.00 |
Illness Separated - combined |
$1,176,000.00 |
$1,190,500.00 |
$14,500.00 |
Assets at which ISS reduces (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$489,750.00 |
$495,250.00 |
$5,500.00 |
Partnered - combined |
$688,500.00 |
$696,000.00 |
$7,500.00 |
Illness Separated - combined |
$865,000.00 |
$876,000.00 |
$11,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$632,250.00 |
$637,750.00 |
$5,500.00 |
Partnered - combined |
$831,000.00 |
$838,500.00 |
$7,500.00 |
Illness Separated - combined |
$1,007,500.00 |
$1,018,500.00 |
$11,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2014/march-2014/income-support-asset-limits