Income support asset limits 20 September 2017
Old rate | New Rate | Difference | |
Income support asset limits | 01/07/2017 | 20/09/2017 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 253,750.00 | $ 253,750.00 | $ - |
Partnered (each) including illness separated and respite care | $ 190,250.00 | $ 190,250.00 | $ - |
Non-homeowner | Limit | ||
Single | $ 456,750.00 | $ 456,750.00 | $ - |
Partnered (each) including illness separated and respite care | $ 291,750.00 | $ 291,750.00 | $ - |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 203,000.00 | $ 203,000.00 | $ - |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 550,000.00 | $ 552,000.00 | $ 2,000.00 |
Partnered - combined | $ 827,000.00 | $ 830,000.00 | $ 3,000.00 |
Illness Separated - combined | $ 973,000.00 | $ 977,000.00 | $ 4,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 753,000.00 | $ 755,000.00 | $ 2,000.00 |
Partnered - combined | $ 1,030,000.00 | $ 1,033,000.00 | $ 3,000.00 |
Illness Separated - combined | $ 1,176,000.00 | $ 1,180,000.00 | $ 4,000.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 545,250.00 | $ 547,250.00 | $ 2,000.00 |
Partnered - combined | $ 820,000.00 | $ 823,000.00 | $ 3,000.00 |
Illness Separated - combined | $ 963,500.00 | $ 967,500.00 | $ 4,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 748,250.00 | $ 750,250.00 | $ 2,000.00 |
Partnered - combined | $ 1,023,000.00 | $ 1,026,000.00 | $ 3,000.00 |
Illness Separated - combined | $ 1,166,500.00 | $ 1,170,500.00 | $ 4,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 503,250.00 | $ 504,750.00 | $ 1,500.00 |
Partnered - combined | $ 783,000.00 | $ 785,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 879,500.00 | $ 882,500.00 | $ 3,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 706,250.00 | $ 707,750.00 | $ 1,500.00 |
Partnered - combined | $ 986,000.00 | $ 988,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 1,082,500.00 | $ 1,085,500.00 | $ 3,000.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 498,500.00 | $ 500,000.00 | $ 1,500.00 |
Partnered - combined | $ 776,000.00 | $ 778,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 870,000.00 | $ 873,000.00 | $ 3,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 701,500.00 | $ 703,000.00 | $ 1,500.00 |
Partnered - combined | $ 979,000.00 | $ 981,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 1,073,000.00 | $ 1,076,000.00 | $ 3,000.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 533,500.00 | $ 535,500.00 | $ 2,000.00 |
Partnered - combined | $ 802,500.00 | $ 805,000.00 | $ 2,500.00 |
Illness Separated - combined | $ 940,000.00 | $ 944,000.00 | $ 4,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 736,500.00 | $ 738,500.00 | $ 2,000.00 |
Partnered - combined | $ 1,005,500.00 | $ 1,008,000.00 | $ 2,500.00 |
Illness Separated - combined | $ 1,143,000.00 | $ 1,147,000.00 | $ 4,000.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 486,750.00 | $ 488,000.00 | $ 1,250.00 |
Partnered - combined | $ 758,000.00 | $ 760,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 846,500.00 | $ 849,000.00 | $ 2,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 689,750.00 | $ 691,000.00 | $ 1,250.00 |
Partnered - combined | $ 961,000.00 | $ 963,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 1,049,500.00 | $ 1,052,000.00 | $ 2,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 456,500.00 | $ 457,750.00 | $ 1,250.00 |
Partnered - combined | $ 642,500.00 | $ 644,000.00 | $ 1,500.00 |
Illness Separated - combined | $ 786,000.00 | $ 788,500.00 | $ 2,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 659,500.00 | $ 660,750.00 | $ 1,250.00 |
Partnered - combined | $ 845,500.00 | $ 847,000.00 | $ 1,500.00 |
Illness Separated - combined | $ 989,000.00 | $ 991,500.00 | $ 2,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 409,750.00 | $ 410,500.00 | $ 750.00 |
Partnered - combined | $ 598,000.00 | $ 599,500.00 | $ 1,500.00 |
Illness Separated - combined | $ 692,500.00 | $ 694,000.00 | $ 1,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 612,750.00 | $ 613,500.00 | $ 750.00 |
Partnered - combined | $ 801,000.00 | $ 802,500.00 | $ 1,500.00 |
Illness Separated - combined | $ 895,500.00 | $ 897,000.00 | $ 1,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2017/income-support-asset-limits-20-september-2017