Income support asset limits 20 March 2017

 Old rateNew RateDifference
Income support asset limits01/01/201720/03/2017 
Assets value limit   
Homeowner Limit 
Single $    250,000.00 $    250,000.00 $               -  
Partnered (each) including illness separated and respite care $    187,500.00 $    187,500.00 $               -  
Non-homeowner Limit 
Single $    450,000.00 $    450,000.00 $               -  
Partnered (each) including illness separated and respite care $    287,500.00 $    287,500.00 $               -  
    
Extra allowable amount Limit 
Extra allowable amount $    200,000.00 $    200,000.00 $               -  
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    542,500.00 $    546,250.00 $      3,750.00
Partnered - combined $    816,000.00 $    821,500.00 $      5,500.00
Illness Separated - combined $    960,000.00 $    967,500.00 $      7,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    742,500.00 $    746,250.00 $      3,750.00
Partnered - combined $  1,016,000.00 $  1,021,500.00 $      5,500.00
Illness Separated - combined $  1,160,000.00 $  1,167,500.00 $      7,500.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    537,750.00 $    541,500.00 $      3,750.00
Partnered - combined $    809,000.00 $    814,500.00 $      5,500.00
Illness Separated - combined $    950,500.00 $    958,000.00 $      7,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    737,750.00 $    741,500.00 $      3,750.00
Partnered - combined $  1,009,000.00 $  1,014,500.00 $      5,500.00
Illness Separated - combined $  1,150,500.00 $  1,158,000.00 $      7,500.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    496,250.00 $    499,500.00 $      3,250.00
Partnered - combined $    772,500.00 $    777,500.00 $      5,000.00
Illness Separated - combined $    867,500.00 $    874,000.00 $      6,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    696,250.00 $    699,500.00 $      3,250.00
Partnered - combined $    972,500.00 $    977,500.00 $      5,000.00
Illness Separated - combined $  1,067,500.00 $  1,074,000.00 $      6,500.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    491,500.00 $    494,750.00 $      3,250.00
Partnered - combined $    765,500.00 $    770,500.00 $      5,000.00
Illness Separated - combined $    858,000.00 $    864,500.00 $      6,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    691,500.00 $    694,750.00 $      3,250.00
Partnered - combined $    965,500.00 $    970,500.00 $      5,000.00
Illness Separated - combined $  1,058,000.00 $  1,064,500.00 $      6,500.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    526,000.00 $    529,750.00 $      3,750.00
Partnered - combined $    791,500.00 $    797,000.00 $      5,500.00
Illness Separated - combined $    927,000.00 $    934,500.00 $      7,500.00
Non-homeowner Limit 
Not a Member of a Couple $    726,000.00 $    729,750.00 $      3,750.00
Partnered - combined $    991,500.00 $    997,000.00 $      5,500.00
Illness Separated - combined $  1,127,000.00 $  1,134,500.00 $      7,500.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    480,000.00 $    483,000.00 $      3,000.00
Partnered - combined $    748,000.00 $    752,500.00 $      4,500.00
Illness Separated - combined $    835,000.00 $    841,000.00 $      6,000.00
Non-homeowner Limit 
Not a Member of a Couple $    680,000.00 $    683,000.00 $      3,000.00
Partnered - combined $    948,000.00 $    952,500.00 $      4,500.00
Illness Separated - combined $  1,035,000.00 $  1,041,000.00 $      6,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    450,000.00 $    452,750.00 $      2,750.00
Partnered - combined $    633,500.00 $    637,000.00 $      3,500.00
Illness Separated - combined $    775,000.00 $    780,500.00 $      5,500.00
Non-homeowner Limit 
Not a Member of a Couple $    650,000.00 $    652,750.00 $      2,750.00
Partnered - combined $    833,500.00 $    837,000.00 $      3,500.00
Illness Separated - combined $    975,000.00 $    980,500.00 $      5,500.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    404,000.00 $    406,000.00 $      2,000.00
Partnered - combined $    590,000.00 $    592,500.00 $      2,500.00
Illness Separated - combined $    683,000.00 $    687,000.00 $      4,000.00
Non-homeowner Limit 
Not a Member of a Couple $    604,000.00 $    606,000.00 $      2,000.00
Partnered - combined $    790,000.00 $    792,500.00 $      2,500.00
Illness Separated - combined $    883,000.00 $    887,000.00 $      4,000.00

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2017/income-support-asset-limits-20-march-2017