Income support asset limits
Assets value limit |
|||
Homeowner |
Limit |
||
Single |
$192,500.00 |
$196,750.00 |
$4,250.00 |
Partnered (each) including illness separated and respite care |
$136,500.00 |
$139,500.00 |
$3,000.00 |
Non-homeowner |
Limit |
||
Single |
$332,000.00 |
$339,250.00 |
$7,250.00 |
Partnered (each) including illness separated and respite care |
$206,250.00 |
$210,750.00 |
$4,500.00 |
Extra allowable amount |
Limit |
||
Extra allowable amount |
$139,500.00 |
$142,500.00 |
$3,000.00 |
Asset Levels at which SP/AP ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$731,500.00 |
$735,750.00 |
$4,250.00 |
Partnered - combined |
$1,086,000.00 |
$1,092,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,351,000.00 |
$1,357,000.00 |
$6,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$871,000.00 |
$878,250.00 |
$7,250.00 |
Partnered - combined |
$1,225,500.00 |
$1,234,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,490,500.00 |
$1,499,500.00 |
$9,000.00 |
Asset Levels at which ISS ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$722,500.00 |
$726,750.00 |
$4,250.00 |
Partnered - combined |
$1,072,000.00 |
$1,078,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,333,000.00 |
$1,339,000.00 |
$6,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$871,000.00 |
$878,250.00 |
$7,250.00 |
Partnered - combined |
$1,225,500.00 |
$1,234,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,490,500.00 |
$1,499,500.00 |
$9,000.00 |
Asset Levels at which SP/AP ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$655,750.00 |
$660,000.00 |
$4,250.00 |
Partnered - combined |
$1,020,500.00 |
$1,026,500.00 |
$6,000.00 |
Illness Separated - combined |
$1,199,500.00 |
$1,205,500.00 |
$6,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$795,250.00 |
$802,500.00 |
$7,250.00 |
Partnered - combined |
$1,160,000.00 |
$1,169,000.00 |
$9,000.00 |
Illness Separated - combined |
$1,339,000.00 |
$1,348,000.00 |
$9,000.00 |
Asset Levels at which ISS ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$646,750.00 |
$651,000.00 |
$4,250.00 |
Partnered - combined |
$1,007,000.00 |
$1,013,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,181,500.00 |
$1,187,500.00 |
$6,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$786,250.00 |
$793,500.00 |
$7,250.00 |
Partnered - combined |
$1,146,500.00 |
$1,155,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,321,000.00 |
$1,330,000.00 |
$9,000.00 |
Assets at which minimum payment paid (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$700,750.00 |
$705,000.00 |
$4,250.00 |
Partnered - combined |
$1,039,000.00 |
$1,045,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,289,500.00 |
$1,295,500.00 |
$6,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$840,250.00 |
$847,500.00 |
$7,250.00 |
Partnered - combined |
$1,178,500.00 |
$1,187,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,429,000.00 |
$1,438,000.00 |
$9,000.00 |
Assets at which minimum payment paid (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$625,000.00 |
$629,250.00 |
$4,250.00 |
Partnered - combined |
$974,000.00 |
$980,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,138,000.00 |
$1,144,000.00 |
$6,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$764,500.00 |
$771,750.00 |
$7,250.00 |
Partnered - combined |
$1,113,500.00 |
$1,122,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,277,500.00 |
$1,286,500.00 |
$9,000.00 |
Assets at which ISS reduces (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$561,500.00 |
$565,750.00 |
$4,250.00 |
Partnered - combined |
$750,000.00 |
$756,000.00 |
$6,000.00 |
Illness Separated - combined |
$1,011,000.00 |
$1,017,000.00 |
$6,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$701,000.00 |
$708,250.00 |
$7,250.00 |
Partnered - combined |
$889,500.00 |
$898,500.00 |
$9,000.00 |
Illness Separated - combined |
$1,150,500.00 |
$1,159,500.00 |
$9,000.00 |
Assets at which ISS reduces (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$485,750.00 |
$490,000.00 |
$4,250.00 |
Partnered - combined |
$685,000.00 |
$691,000.00 |
$6,000.00 |
Illness Separated - combined |
$859,500.00 |
$865,500.00 |
$6,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$625,250.00 |
$632,500.00 |
$7,250.00 |
Partnered - combined |
$824,500.00 |
$833,500.00 |
$9,000.00 |
Illness Separated - combined |
$999,000.00 |
$1,008,000.00 |
$9,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2013/july-2013/income-support-asset-limits