Income support asset limits 20 March 2016
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/01/2016 | 20/03/2016 | |
| 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 | $788,250.00 | $4,750.00 |
| Partnered - combined | $1,163,000.00 | $1,170,000.00 | $7,000.00 |
| Illness Separated - combined | $1,447,500.00 | $1,457,000.00 | $9,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $932,500.00 | $937,250.00 | $4,750.00 |
| Partnered - combined | $1,312,000.00 | $1,319,000.00 | $7,000.00 |
| Illness Separated - combined | $1,596,500.00 | $1,606,000.00 | $9,500.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $774,250.00 | $778,750.00 | $4,500.00 |
| Partnered - combined | $1,149,000.00 | $1,156,000.00 | $7,000.00 |
| Illness Separated - combined | $1,429,000.00 | $1,438,000.00 | $9,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $923,250.00 | $927,750.00 | $4,500.00 |
| Partnered - combined | $1,298,000.00 | $1,305,000.00 | $7,000.00 |
| Illness Separated - combined | $1,578,000.00 | $1,587,000.00 | $9,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $693,250.00 | $697,000.00 | $3,750.00 |
| Partnered - combined | $1,078,500.00 | $1,084,500.00 | $6,000.00 |
| Illness Separated - combined | $1,267,000.00 | $1,274,500.00 | $7,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $842,250.00 | $846,000.00 | $3,750.00 |
| Partnered - combined | $1,227,500.00 | $1,233,500.00 | $6,000.00 |
| Illness Separated - combined | $1,416,000.00 | $1,423,500.00 | $7,500.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $684,000.00 | $687,750.00 | $3,750.00 |
| Partnered - combined | $1,064,500.00 | $1,070,500.00 | $6,000.00 |
| Illness Separated - combined | $1,248,500.00 | $1,256,000.00 | $7,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $833,000.00 | $836,750.00 | $3,750.00 |
| Partnered - combined | $1,213,500.00 | $1,219,500.00 | $6,000.00 |
| Illness Separated - combined | $1,397,500.00 | $1,405,000.00 | $7,500.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $751,250.00 | $755,500.00 | $4,250.00 |
| Partnered - combined | $1,114,000.00 | $1,121,000.00 | $7,000.00 |
| Illness Separated - combined | $1,383,000.00 | $1,391,500.00 | $8,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $900,250.00 | $904,500.00 | $4,250.00 |
| Partnered - combined | $1,263,000.00 | $1,270,000.00 | $7,000.00 |
| Illness Separated - combined | $1,532,000.00 | $1,540,500.00 | $8,500.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $660,750.00 | $664,500.00 | $3,750.00 |
| Partnered - combined | $1,029,500.00 | $1,035,500.00 | $6,000.00 |
| Illness Separated - combined | $1,202,000.00 | $1,209,500.00 | $7,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $809,750.00 | $813,500.00 | $3,750.00 |
| Partnered - combined | $1,178,500.00 | $1,184,500.00 | $6,000.00 |
| Illness Separated - combined | $1,351,000.00 | $1,358,500.00 | $7,500.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $601,000.00 | $604,250.00 | $3,250.00 |
| Partnered - combined | $802,500.00 | $806,500.00 | $4,000.00 |
| Illness Separated - combined | $1,082,500.00 | $1,089,000.00 | $6,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $750,000.00 | $753,250.00 | $3,250.00 |
| Partnered - combined | $951,500.00 | $955,500.00 | $4,000.00 |
| Illness Separated - combined | $1,231,500.00 | $1,238,000.00 | $6,500.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $510,500.00 | $513,000.00 | $2,500.00 |
| Partnered - combined | $717,500.00 | $721,000.00 | $3,500.00 |
| Illness Separated - combined | $901,500.00 | $906,500.00 | $5,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $659,500.00 | $662,000.00 | $2,500.00 |
| Partnered - combined | $866,500.00 | $870,000.00 | $3,500.00 |
| Illness Separated - combined | $1,050,500.00 | $1,055,500.00 | $5,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/2016-rates/20-march-2016/income-support-asset-limits-20-march-2016