Income support asset limits 1 January 2015
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/09/2014 | 01/01/2015 | |
| 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 | $771,750.00 | $771,750.00 | $0.00 |
| Partnered - combined | $1,145,500.00 | $1,145,500.00 | $0.00 |
| Illness Separated - combined | $1,426,000.00 | $1,426,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $918,250.00 | $918,250.00 | $0.00 |
| Partnered - combined | $1,292,000.00 | $1,292,000.00 | $0.00 |
| Illness Separated - combined | $1,572,500.00 | $1,572,500.00 | $0.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $762,250.00 | $762,250.00 | $0.00 |
| Partnered - combined | $1,131,500.00 | $1,131,500.00 | $0.00 |
| Illness Separated - combined | $1,407,000.00 | $1,407,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $908,750.00 | $908,750.00 | $0.00 |
| Partnered - combined | $1,278,000.00 | $1,278,000.00 | $0.00 |
| Illness Separated - combined | $1,553,500.00 | $1,553,500.00 | $0.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $682,750.00 | $682,750.00 | $0.00 |
| Partnered - combined | $1,062,000.00 | $1,062,000.00 | $0.00 |
| Illness Separated - combined | $1,248,000.00 | $1,248,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $829,250.00 | $829,250.00 | $0.00 |
| Partnered - combined | $1,208,500.00 | $1,208,500.00 | $0.00 |
| Illness Separated - combined | $1,394,500.00 | $1,394,500.00 | $0.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $673,250.00 | $673,250.00 | $0.00 |
| Partnered - combined | $1,048,000.00 | $1,048,000.00 | $0.00 |
| Illness Separated - combined | $1,229,000.00 | $1,229,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $819,750.00 | $819,750.00 | $0.00 |
| Partnered - combined | $1,194,500.00 | $1,194,500.00 | $0.00 |
| Illness Separated - combined | $1,375,500.00 | $1,375,500.00 | $0.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $739,500.00 | $739,500.00 | $0.00 |
| Partnered - combined | $1,097,000.00 | $1,097,000.00 | $0.00 |
| Illness Separated - combined | $1,361,500.00 | $1,361,500.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $886,000.00 | $886,000.00 | $0.00 |
| Partnered - combined | $1,243,500.00 | $1,243,500.00 | $0.00 |
| Illness Separated - combined | $1,508,000.00 | $1,508,000.00 | $0.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $650,500.00 | $650,500.00 | $0.00 |
| Partnered - combined | $1,013,500.00 | $1,013,500.00 | $0.00 |
| Illness Separated - combined | $1,183,500.00 | $1,183,500.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $797,000.00 | $797,000.00 | $0.00 |
| Partnered - combined | $1,160,000.00 | $1,160,000.00 | $0.00 |
| Illness Separated - combined | $1,330,000.00 | $1,330,000.00 | $0.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $591,500.00 | $591,500.00 | $0.00 |
| Partnered - combined | $790,000.00 | $790,000.00 | $0.00 |
| Illness Separated - combined | $1,065,500.00 | $1,065,500.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $738,000.00 | $738,000.00 | $0.00 |
| Partnered - combined | $936,500.00 | $936,500.00 | $0.00 |
| Illness Separated - combined | $1,212,000.00 | $1,212,000.00 | $0.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $502,750.00 | $502,750.00 | $0.00 |
| Partnered - combined | $706,500.00 | $706,500.00 | $0.00 |
| Illness Separated - combined | $888,000.00 | $888,000.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $649,250.00 | $649,250.00 | $0.00 |
| Partnered - combined | $853,000.00 | $853,000.00 | $0.00 |
| Illness Separated - combined | $1,034,500.00 | $1,034,500.00 | $0.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-january-2015/income-support-asset-limits-1-january-2015