Income support asset limits 20 September 2016
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/07/2016 | 20/09/2016 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $ 209,000.00 | $ 209,000.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 148,250.00 | $ 148,250.00 | $ - |
| Non-homeowner | Limit | ||
| Single | $ 360,500.00 | $ 360,500.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 224,000.00 | $ 224,000.00 | $ - |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $ 151,500.00 | $ 151,500.00 | $ - |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 791,750.00 | $ 793,750.00 | $ 2,000.00 |
| Partnered - combined | $ 1,175,000.00 | $ 1,178,500.00 | $ 3,500.00 |
| Illness Separated - combined | $ 1,462,000.00 | $ 1,466,000.00 | $ 4,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 943,250.00 | $ 945,250.00 | $ 2,000.00 |
| Partnered - combined | $ 1,326,500.00 | $ 1,330,000.00 | $ 3,500.00 |
| Illness Separated - combined | $ 1,613,500.00 | $ 1,617,500.00 | $ 4,000.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 782,250.00 | $ 784,500.00 | $ 2,250.00 |
| Partnered - combined | $ 1,161,000.00 | $ 1,164,000.00 | $ 3,000.00 |
| Illness Separated - combined | $ 1,443,000.00 | $ 1,447,500.00 | $ 4,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 933,750.00 | $ 936,000.00 | $ 2,250.00 |
| Partnered - combined | $ 1,312,500.00 | $ 1,315,500.00 | $ 3,000.00 |
| Illness Separated - combined | $ 1,594,500.00 | $ 1,599,000.00 | $ 4,500.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 700,500.00 | $ 701,500.00 | $ 1,000.00 |
| Partnered - combined | $ 1,089,500.00 | $ 1,091,000.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,279,500.00 | $ 1,281,500.00 | $ 2,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 852,000.00 | $ 853,000.00 | $ 1,000.00 |
| Partnered - combined | $ 1,241,000.00 | $ 1,242,500.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,431,000.00 | $ 1,433,000.00 | $ 2,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 691,250.00 | $ 692,000.00 | $ 750.00 |
| Partnered - combined | $ 1,075,500.00 | $ 1,077,000.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,261,000.00 | $ 1,262,500.00 | $ 1,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 842,750.00 | $ 843,500.00 | $ 750.00 |
| Partnered - combined | $ 1,227,000.00 | $ 1,228,500.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,412,500.00 | $ 1,414,000.00 | $ 1,500.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 759,000.00 | $ 761,000.00 | $ 2,000.00 |
| Partnered - combined | $ 1,126,000.00 | $ 1,129,000.00 | $ 3,000.00 |
| Illness Separated - combined | $ 1,396,500.00 | $ 1,400,500.00 | $ 4,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 910,500.00 | $ 912,500.00 | $ 2,000.00 |
| Partnered - combined | $ 1,277,500.00 | $ 1,280,500.00 | $ 3,000.00 |
| Illness Separated - combined | $ 1,548,000.00 | $ 1,552,000.00 | $ 4,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 668,000.00 | $ 668,750.00 | $ 750.00 |
| Partnered - combined | $ 1,040,500.00 | $ 1,042,000.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,214,500.00 | $ 1,216,000.00 | $ 1,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 819,500.00 | $ 820,250.00 | $ 750.00 |
| Partnered - combined | $ 1,192,000.00 | $ 1,193,500.00 | $ 1,500.00 |
| Illness Separated - combined | $ 1,366,000.00 | $ 1,367,500.00 | $ 1,500.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 607,750.00 | $ 609,000.00 | $ 1,250.00 |
| Partnered - combined | $ 811,500.00 | $ 813,500.00 | $ 2,000.00 |
| Illness Separated - combined | $ 1,094,000.00 | $ 1,096,500.00 | $ 2,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 759,250.00 | $ 760,500.00 | $ 1,250.00 |
| Partnered - combined | $ 963,000.00 | $ 965,000.00 | $ 2,000.00 |
| Illness Separated - combined | $ 1,245,500.00 | $ 1,248,000.00 | $ 2,500.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 516,500.00 | $ 516,750.00 | $ 250.00 |
| Partnered - combined | $ 726,000.00 | $ 726,000.00 | $ - |
| Illness Separated - combined | $ 911,500.00 | $ 912,000.00 | $ 500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 668,000.00 | $ 668,250.00 | $ 250.00 |
| Partnered - combined | $ 877,500.00 | $ 877,500.00 | $ - |
| Illness Separated - combined | $ 1,063,000.00 | $ 1,063,500.00 | $ 500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2016/income-support-asset-limits-20-september-2016