Income support asset limits 1 January 2016
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/09/2015 | 01/01/2016 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $205,500.00 | $205,500.00 | $0.00 |
| Partnered (each) including illness separated and respite care | $145,750.00 | $145,750.00 | $0.00 |
| Non-homeowner | Limit | ||
| Single | $354,500.00 | $354,500.00 | $0.00 |
| Partnered (each) including illness separated and respite care | $220,250.00 | $220,250.00 | $0.00 |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $149,000.00 | $149,000.00 | $0.00 |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $783,500.00 | $783,500.00 | $0.00 |
| Partnered - combined | $1,163,000.00 | $1,163,000.00 | $0.00 |
| Illness Separated - combined | $1,447,500.00 | $1,447,500.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $932,500.00 | $932,500.00 | $0.00 |
| Partnered - combined | $1,312,000.00 | $1,312,000.00 | $0.00 |
| Illness Separated - combined | $1,596,500.00 | $1,596,500.00 | $0.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $774,250.00 | $774,250.00 | $0.00 |
| Partnered - combined | $1,149,000.00 | $1,149,000.00 | $0.00 |
| Illness Separated - combined | $1,429,000.00 | $1,429,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $923,250.00 | $923,250.00 | $0.00 |
| Partnered - combined | $1,298,000.00 | $1,298,000.00 | $0.00 |
| Illness Separated - combined | $1,578,000.00 | $1,578,000.00 | $0.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $693,250.00 | $693,250.00 | $0.00 |
| Partnered - combined | $1,078,500.00 | $1,078,500.00 | $0.00 |
| Illness Separated - combined | $1,267,000.00 | $1,267,000.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $842,250.00 | $842,250.00 | $0.00 |
| Partnered - combined | $1,227,500.00 | $1,227,500.00 | $0.00 |
| Illness Separated - combined | $1,416,000.00 | $1,416,000.00 | $0.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $684,000.00 | $684,000.00 | $0.00 |
| Partnered - combined | $1,064,500.00 | $1,064,500.00 | $0.00 |
| Illness Separated - combined | $1,248,500.00 | $1,248,500.00 | $0.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $833,000.00 | $833,000.00 | $0.00 |
| Partnered - combined | $1,213,500.00 | $1,213,500.00 | $0.00 |
| Illness Separated - combined | $1,397,500.00 | $1,397,500.00 | $0.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $751,250.00 | $751,250.00 | $0.00 |
| Partnered - combined | $1,114,000.00 | $1,114,000.00 | $0.00 |
| Illness Separated - combined | $1,383,000.00 | $1,383,000.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $900,250.00 | $900,250.00 | $0.00 |
| Partnered - combined | $1,263,000.00 | $1,263,000.00 | $0.00 |
| Illness Separated - combined | $1,532,000.00 | $1,532,000.00 | $0.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $660,750.00 | $660,750.00 | $0.00 |
| Partnered - combined | $1,029,500.00 | $1,029,500.00 | $0.00 |
| Illness Separated - combined | $1,202,000.00 | $1,202,000.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $809,750.00 | $809,750.00 | $0.00 |
| Partnered - combined | $1,178,500.00 | $1,178,500.00 | $0.00 |
| Illness Separated - combined | $1,351,000.00 | $1,351,000.00 | $0.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $601,000.00 | $601,000.00 | $0.00 |
| Partnered - combined | $802,500.00 | $802,500.00 | $0.00 |
| Illness Separated - combined | $1,082,500.00 | $1,082,500.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $750,000.00 | $750,000.00 | $0.00 |
| Partnered - combined | $951,500.00 | $951,500.00 | $0.00 |
| Illness Separated - combined | $1,231,500.00 | $1,231,500.00 | $0.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $510,500.00 | $510,500.00 | $0.00 |
| Partnered - combined | $717,500.00 | $717,500.00 | $0.00 |
| Illness Separated - combined | $901,500.00 | $901,500.00 | $0.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $659,500.00 | $659,500.00 | $0.00 |
| Partnered - combined | $866,500.00 | $866,500.00 | $0.00 |
| Illness Separated - combined | $1,050,500.00 | $1,050,500.00 | $0.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2016-rates/1-january-2016/income-support-asset-limits-1-january-2016