Income support asset limits 20 March 2017
Old rate | New Rate | Difference | |
Income support asset limits | 01/01/2017 | 20/03/2017 | |
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