Income support asset limits
Assets value limit |
|||
Homeowner |
Limit |
||
Single |
$192,500.00 |
$192,500.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$136,500.00 |
$136,500.00 |
$0.00 |
Non-homeowner |
Limit |
||
Single |
$332,000.00 |
$332,000.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$206,250.00 |
$206,250.00 |
$0.00 |
Extra allowable amount |
Limit |
||
Extra allowable amount |
$139,500.00 |
$139,500.00 |
$0.00 |
Asset Levels at which SP/AP/ISS ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$696,250.00 |
$707,750.00 |
$11,500.00 |
Partnered - combined |
$1,032,500.00 |
$1,050,000.00 |
$17,500.00 |
Illness Separated - combined |
$1,280,500.00 |
$1,303,500.00 |
$23,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$835,750.00 |
$847,250.00 |
$11,500.00 |
Partnered - combined |
$1,172,000.00 |
$1,189,500.00 |
$17,500.00 |
Illness Separated - combined |
$1,420,000.00 |
$1,443,000.00 |
$23,000.00 |
Asset Levels at which SP/AP/ISS ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$640,000.00 |
$642,750.00 |
$2,750.00 |
Partnered - combined |
$996,000.00 |
$1,000,500.00 |
$4,500.00 |
Illness Separated - combined |
$1,168,000.00 |
$1,173,500.00 |
$5,500.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$779,500.00 |
$782,250.00 |
$2,750.00 |
Partnered - combined |
$1,135,500.00 |
$1,140,000.00 |
$4,500.00 |
Illness Separated - combined |
$1,307,500.00 |
$1,313,000.00 |
$5,500.00 |
Assets at which minimum payment paid (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$674,750.00 |
$686,000.00 |
$11,250.00 |
Partnered - combined |
$1,000,000.00 |
$1,017,000.00 |
$17,000.00 |
Illness Separated - combined |
$1,237,500.00 |
$1,260,000.00 |
$22,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$814,250.00 |
$825,500.00 |
$11,250.00 |
Partnered - combined |
$1,139,500.00 |
$1,156,500.00 |
$17,000.00 |
Illness Separated - combined |
$1,377,000.00 |
$1,399,500.00 |
$22,500.00 |
Assets at which minimum payment paid (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$618,500.00 |
$621,000.00 |
$2,500.00 |
Partnered - combined |
$963,500.00 |
$967,500.00 |
$4,000.00 |
Illness Separated - combined |
$1,125,000.00 |
$1,130,000.00 |
$5,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$758,000.00 |
$760,500.00 |
$2,500.00 |
Partnered - combined |
$1,103,000.00 |
$1,107,000.00 |
$4,000.00 |
Illness Separated - combined |
$1,264,500.00 |
$1,269,500.00 |
$5,000.00 |
Assets at which ISS reduces (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$543,750.00 |
$551,500.00 |
$7,750.00 |
Partnered - combined |
$727,500.00 |
$737,000.00 |
$9,500.00 |
Illness Separated - combined |
$975,500.00 |
$991,000.00 |
$15,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$683,250.00 |
$691,000.00 |
$7,750.00 |
Partnered - combined |
$867,000.00 |
$876,500.00 |
$9,500.00 |
Illness Separated - combined |
$1,115,000.00 |
$1,130,500.00 |
$15,500.00 |
Assets at which ISS reduces (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$487,500.00 |
$486,500.00 |
-$1,000.00 |
Partnered - combined |
$690,500.00 |
$688,000.00 |
-$2,500.00 |
Illness Separated - combined |
$863,000.00 |
$861,000.00 |
-$2,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$627,000.00 |
$626,000.00 |
-$1,000.00 |
Partnered - combined |
$830,000.00 |
$827,500.00 |
-$2,500.00 |
Illness Separated - combined |
$1,002,500.00 |
$1,000,500.00 |
-$2,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2012/september-2012/income-support-asset-limits