Income support asset limits Jan 2013
|
|
| |
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 |
$707,750.00 |
$707,750.00 |
$0.00 |
Partnered - combined |
$1,050,000.00 |
$1,050,000.00 |
$0.00 |
Illness Separated - combined |
$1,303,500.00 |
$1,303,500.00 |
$0.00 |
High Limit (without RA) |
|
Limit |
|
Not a Member of a Couple |
$847,250.00 |
$847,250.00 |
$0.00 |
Partnered - combined |
$1,189,500.00 |
$1,189,500.00 |
$0.00 |
Illness Separated - combined |
$1,443,000.00 |
$1,443,000.00 |
$0.00 |
|
|
|
|
Asset Levels at which SP/AP/ISS ceases (transitional) |
|
|
|
Low Limit |
|
Limit |
|
Not a Member of a Couple |
$642,750.00 |
$642,750.00 |
$0.00 |
Partnered - combined |
$1,000,500.00 |
$1,000,500.00 |
$0.00 |
Illness Separated - combined |
$1,173,500.00 |
$1,173,500.00 |
$0.00 |
High Limit (without RA) |
|
Limit |
|
Not a Member of a Couple |
$782,250.00 |
$782,250.00 |
$0.00 |
Partnered - combined |
$1,140,000.00 |
$1,140,000.00 |
$0.00 |
Illness Separated - combined |
$1,313,000.00 |
$1,313,000.00 |
$0.00 |
|
|
|
|
Assets at which minimum payment paid (non-transitional) |
|
| |
Homeowner |
|
Limit |
|
Not a Member of a Couple |
$686,000.00 |
$686,000.00 |
$0.00 |
Partnered - combined |
$1,017,000.00 |
$1,017,000.00 |
$0.00 |
Illness Separated - combined |
$1,260,000.00 |
$1,260,000.00 |
$0.00 |
Non-homeowner |
|
Limit |
|
Not a Member of a Couple |
$825,500.00 |
$825,500.00 |
$0.00 |
Partnered - combined |
$1,156,500.00 |
$1,156,500.00 |
$0.00 |
Illness Separated - combined |
$1,399,500.00 |
$1,399,500.00 |
$0.00 |
|
|
|
|
Assets at which minimum payment paid (transitional) |
|
|
|
Homeowner |
|
Limit |
|
Not a Member of a Couple |
$621,000.00 |
$621,000.00 |
$0.00 |
Partnered - combined |
$967,500.00 |
$967,500.00 |
$0.00 |
Illness Separated - combined |
$1,130,000.00 |
$1,130,000.00 |
$0.00 |
Non-homeowner |
|
Limit |
|
Not a Member of a Couple |
$760,500.00 |
$760,500.00 |
$0.00 |
Partnered - combined |
$1,107,000.00 |
$1,107,000.00 |
$0.00 |
Illness Separated - combined |
$1,269,500.00 |
$1,269,500.00 |
$0.00 |
|
|
|
|
Assets at which ISS reduces (non-transitional) |
|
|
|
Homeowner |
|
Limit |
|
Not a Member of a Couple |
$551,500.00 |
$551,500.00 |
$0.00 |
Partnered - combined |
$737,000.00 |
$737,000.00 |
$0.00 |
Illness Separated - combined |
$991,000.00 |
$991,000.00 |
$0.00 |
Non-homeowner |
|
Limit |
|
Not a Member of a Couple |
$691,000.00 |
$691,000.00 |
$0.00 |
Partnered - combined |
$876,500.00 |
$876,500.00 |
$0.00 |
Illness Separated - combined |
$1,130,500.00 |
$1,130,500.00 |
$0.00 |
|
|
|
|
Assets at which ISS reduces (transitional) |
|
|
|
Homeowner |
|
Limit |
|
Not a Member of a Couple |
$486,500.00 |
$486,500.00 |
$0.00 |
Partnered - combined |
$688,000.00 |
$688,000.00 |
$0.00 |
Illness Separated - combined |
$861,000.00 |
$861,000.00 |
$0.00 |
Non-homeowner |
|
Limit |
|
Not a Member of a Couple |
$626,000.00 |
$626,000.00 |
$0.00 |
Partnered - combined |
$827,500.00 |
$827,500.00 |
$0.00 |
Illness Separated - combined |
$1,000,500.00 |
$1,000,500.00 |
$0.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2013-payment-rates/january-2013/income-support-asset-limits-jan-2013