Income support asset limits 20 September 2014
Old rate | New Rate | Difference | |
Income support asset limits | 01/07/2014 | 20/09/2014 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $202,000.00 | $202,000.00 | $0.00 |
Partnered (each) including illness separated and respite care | $143,250.00 | $143,250.00 | $0.00 |
Non-homeowner | Limit | ||
Single | $348,500.00 | $348,500.00 | $0.00 |
Partnered (each) including illness separated and respite care | $216,500.00 | $216,500.00 | $0.00 |
Extra allowable amount | Limit | ||
Extra allowable amount | $146,500.00 | $146,500.00 | $0.00 |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $764,000.00 | $771,750.00 | $7,750.00 |
Partnered - combined | $1,134,000.00 | $1,145,500.00 | $11,500.00 |
Illness Separated - combined | $1,410,500.00 | $1,426,000.00 | $15,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $910,500.00 | $918,250.00 | $7,750.00 |
Partnered - combined | $1,280,500.00 | $1,292,000.00 | $11,500.00 |
Illness Separated - combined | $1,557,000.00 | $1,572,500.00 | $15,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $754,750.00 | $762,250.00 | $7,500.00 |
Partnered - combined | $1,120,000.00 | $1,131,500.00 | $11,500.00 |
Illness Separated - combined | $1,392,000.00 | $1,407,000.00 | $15,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $901,250.00 | $908,750.00 | $7,500.00 |
Partnered - combined | $1,266,500.00 | $1,278,000.00 | $11,500.00 |
Illness Separated - combined | $1,538,500.00 | $1,553,500.00 | $15,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $678,000.00 | $682,750.00 | $4,750.00 |
Partnered - combined | $1,054,000.00 | $1,062,000.00 | $8,000.00 |
Illness Separated - combined | $1,238,500.00 | $1,248,000.00 | $9,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $824,500.00 | $829,250.00 | $4,750.00 |
Partnered - combined | $1,200,500.00 | $1,208,500.00 | $8,000.00 |
Illness Separated - combined | $1,385,000.00 | $1,394,500.00 | $9,500.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $668,750.00 | $673,250.00 | $4,500.00 |
Partnered - combined | $1,040,000.00 | $1,048,000.00 | $8,000.00 |
Illness Separated - combined | $1,220,000.00 | $1,229,000.00 | $9,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $815,250.00 | $819,750.00 | $4,500.00 |
Partnered - combined | $1,186,500.00 | $1,194,500.00 | $8,000.00 |
Illness Separated - combined | $1,366,500.00 | $1,375,500.00 | $9,000.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $732,250.00 | $739,500.00 | $7,250.00 |
Partnered - combined | $1,086,000.00 | $1,097,000.00 | $11,000.00 |
Illness Separated - combined | $1,347,000.00 | $1,361,500.00 | $14,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $878,750.00 | $886,000.00 | $7,250.00 |
Partnered - combined | $1,232,500.00 | $1,243,500.00 | $11,000.00 |
Illness Separated - combined | $1,493,500.00 | $1,508,000.00 | $14,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $646,250.00 | $650,500.00 | $4,250.00 |
Partnered - combined | $1,006,500.00 | $1,013,500.00 | $7,000.00 |
Illness Separated - combined | $1,175,000.00 | $1,183,500.00 | $8,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $792,750.00 | $797,000.00 | $4,250.00 |
Partnered - combined | $1,153,000.00 | $1,160,000.00 | $7,000.00 |
Illness Separated - combined | $1,321,500.00 | $1,330,000.00 | $8,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $586,500.00 | $591,500.00 | $5,000.00 |
Partnered - combined | $783,500.00 | $790,000.00 | $6,500.00 |
Illness Separated - combined | $1,055,500.00 | $1,065,500.00 | $10,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $733,000.00 | $738,000.00 | $5,000.00 |
Partnered - combined | $930,000.00 | $936,500.00 | $6,500.00 |
Illness Separated - combined | $1,202,000.00 | $1,212,000.00 | $10,000.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $500,500.00 | $502,750.00 | $2,250.00 |
Partnered - combined | $703,500.00 | $706,500.00 | $3,000.00 |
Illness Separated - combined | $883,500.00 | $888,000.00 | $4,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $647,000.00 | $649,250.00 | $2,250.00 |
Partnered - combined | $850,000.00 | $853,000.00 | $3,000.00 |
Illness Separated - combined | $1,030,000.00 | $1,034,500.00 | $4,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2014-rates/20-september-2014-rates/income-support-asset-limits-20-september-2014