Income support asset limits 20 March 2015
Old rate | New Rate | Difference | |
Income support asset limits | 01/01/2015 | 20/03/2015 | |
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 | $775,500.00 | $3,750.00 |
Partnered - combined | $1,145,500.00 | $1,151,500.00 | $6,000.00 |
Illness Separated - combined | $1,426,000.00 | $1,433,500.00 | $7,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $918,250.00 | $922,000.00 | $3,750.00 |
Partnered - combined | $1,292,000.00 | $1,298,000.00 | $6,000.00 |
Illness Separated - combined | $1,572,500.00 | $1,580,000.00 | $7,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $762,250.00 | $766,250.00 | $4,000.00 |
Partnered - combined | $1,131,500.00 | $1,137,000.00 | $5,500.00 |
Illness Separated - combined | $1,407,000.00 | $1,415,000.00 | $8,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $908,750.00 | $912,750.00 | $4,000.00 |
Partnered - combined | $1,278,000.00 | $1,283,500.00 | $5,500.00 |
Illness Separated - combined | $1,553,500.00 | $1,561,500.00 | $8,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $682,750.00 | $686,000.00 | $3,250.00 |
Partnered - combined | $1,062,000.00 | $1,067,500.00 | $5,500.00 |
Illness Separated - combined | $1,248,000.00 | $1,254,500.00 | $6,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $829,250.00 | $832,500.00 | $3,250.00 |
Partnered - combined | $1,208,500.00 | $1,214,000.00 | $5,500.00 |
Illness Separated - combined | $1,394,500.00 | $1,401,000.00 | $6,500.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $673,250.00 | $676,500.00 | $3,250.00 |
Partnered - combined | $1,048,000.00 | $1,053,000.00 | $5,000.00 |
Illness Separated - combined | $1,229,000.00 | $1,235,500.00 | $6,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $819,750.00 | $823,000.00 | $3,250.00 |
Partnered - combined | $1,194,500.00 | $1,199,500.00 | $5,000.00 |
Illness Separated - combined | $1,375,500.00 | $1,382,000.00 | $6,500.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $739,500.00 | $743,250.00 | $3,750.00 |
Partnered - combined | $1,097,000.00 | $1,102,500.00 | $5,500.00 |
Illness Separated - combined | $1,361,500.00 | $1,369,000.00 | $7,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $886,000.00 | $889,750.00 | $3,750.00 |
Partnered - combined | $1,243,500.00 | $1,249,000.00 | $5,500.00 |
Illness Separated - combined | $1,508,000.00 | $1,515,500.00 | $7,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $650,500.00 | $653,750.00 | $3,250.00 |
Partnered - combined | $1,013,500.00 | $1,018,500.00 | $5,000.00 |
Illness Separated - combined | $1,183,500.00 | $1,190,000.00 | $6,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $797,000.00 | $800,250.00 | $3,250.00 |
Partnered - combined | $1,160,000.00 | $1,165,000.00 | $5,000.00 |
Illness Separated - combined | $1,330,000.00 | $1,336,500.00 | $6,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $591,500.00 | $594,250.00 | $2,750.00 |
Partnered - combined | $790,000.00 | $793,500.00 | $3,500.00 |
Illness Separated - combined | $1,065,500.00 | $1,071,000.00 | $5,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $738,000.00 | $740,750.00 | $2,750.00 |
Partnered - combined | $936,500.00 | $940,000.00 | $3,500.00 |
Illness Separated - combined | $1,212,000.00 | $1,217,500.00 | $5,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $502,750.00 | $504,750.00 | $2,000.00 |
Partnered - combined | $706,500.00 | $709,500.00 | $3,000.00 |
Illness Separated - combined | $888,000.00 | $892,000.00 | $4,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $649,250.00 | $651,250.00 | $2,000.00 |
Partnered - combined | $853,000.00 | $856,000.00 | $3,000.00 |
Illness Separated - combined | $1,034,500.00 | $1,038,500.00 | $4,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2015/income-support-asset-limits-20-march-2015