Income support asset limits 1 July 2017

 Old rateNew RateDifference
Income support asset limits20/03/201701/07/2017 
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