Income support asset limits 1 July 2017
Old rate | New Rate | Difference | |
Income support asset limits | 20/03/2017 | 01/07/2017 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 250,000.00 | $ 253,750.00 | $ 3,750.00 |
Partnered (each) including illness separated and respite care | $ 187,500.00 | $ 190,250.00 | $ 2,750.00 |
Non-homeowner | Limit | ||
Single | $ 450,000.00 | $ 456,750.00 | $ 6,750.00 |
Partnered (each) including illness separated and respite care | $ 287,500.00 | $ 291,750.00 | $ 4,250.00 |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 200,000.00 | $ 203,000.00 | $ 3,000.00 |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 546,250.00 | $ 550,000.00 | $ 3,750.00 |
Partnered - combined | $ 821,500.00 | $ 827,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 967,500.00 | $ 973,000.00 | $ 5,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 746,250.00 | $ 753,000.00 | $ 6,750.00 |
Partnered - combined | $ 1,021,500.00 | $ 1,030,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,167,500.00 | $ 1,176,000.00 | $ 8,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 541,500.00 | $ 545,250.00 | $ 3,750.00 |
Partnered - combined | $ 814,500.00 | $ 820,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 958,000.00 | $ 963,500.00 | $ 5,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 741,500.00 | $ 748,250.00 | $ 6,750.00 |
Partnered - combined | $ 1,014,500.00 | $ 1,023,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,158,000.00 | $ 1,166,500.00 | $ 8,500.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 499,500.00 | $ 503,250.00 | $ 3,750.00 |
Partnered - combined | $ 777,500.00 | $ 783,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 874,000.00 | $ 879,500.00 | $ 5,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 699,500.00 | $ 706,250.00 | $ 6,750.00 |
Partnered - combined | $ 977,500.00 | $ 986,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,074,000.00 | $ 1,082,500.00 | $ 8,500.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 494,750.00 | $ 498,500.00 | $ 3,750.00 |
Partnered - combined | $ 770,500.00 | $ 776,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 864,500.00 | $ 870,000.00 | $ 5,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 694,750.00 | $ 701,500.00 | $ 6,750.00 |
Partnered - combined | $ 970,500.00 | $ 979,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,064,500.00 | $ 1,073,000.00 | $ 8,500.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 529,750.00 | $ 533,500.00 | $ 3,750.00 |
Partnered - combined | $ 797,000.00 | $ 802,500.00 | $ 5,500.00 |
Illness Separated - combined | $ 934,500.00 | $ 940,000.00 | $ 5,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 729,750.00 | $ 736,500.00 | $ 6,750.00 |
Partnered - combined | $ 997,000.00 | $ 1,005,500.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,134,500.00 | $ 1,143,000.00 | $ 8,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 483,000.00 | $ 486,750.00 | $ 3,750.00 |
Partnered - combined | $ 752,500.00 | $ 758,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 841,000.00 | $ 846,500.00 | $ 5,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 683,000.00 | $ 689,750.00 | $ 6,750.00 |
Partnered - combined | $ 952,500.00 | $ 961,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,041,000.00 | $ 1,049,500.00 | $ 8,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 452,750.00 | $ 456,500.00 | $ 3,750.00 |
Partnered - combined | $ 637,000.00 | $ 642,500.00 | $ 5,500.00 |
Illness Separated - combined | $ 780,500.00 | $ 786,000.00 | $ 5,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 652,750.00 | $ 659,500.00 | $ 6,750.00 |
Partnered - combined | $ 837,000.00 | $ 845,500.00 | $ 8,500.00 |
Illness Separated - combined | $ 980,500.00 | $ 989,000.00 | $ 8,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 406,000.00 | $ 409,750.00 | $ 3,750.00 |
Partnered - combined | $ 592,500.00 | $ 598,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 687,000.00 | $ 692,500.00 | $ 5,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 606,000.00 | $ 612,750.00 | $ 6,750.00 |
Partnered - combined | $ 792,500.00 | $ 801,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 887,000.00 | $ 895,500.00 | $ 8,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2017/income-support-asset-limits-1-july-2017