Income support asset limits 1 January 2018
Old rate | New Rate | Difference | |
Income support asset limits | 20/09/2017 | 01/01/2018 | |
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 | $ 552,000.00 | $ 552,000.00 | $ - |
Partnered - combined | $ 830,000.00 | $ 830,000.00 | $ - |
Illness Separated - combined | $ 977,000.00 | $ 977,000.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 755,000.00 | $ 755,000.00 | $ - |
Partnered - combined | $ 1,033,000.00 | $ 1,033,000.00 | $ - |
Illness Separated - combined | $ 1,180,000.00 | $ 1,180,000.00 | $ - |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 547,250.00 | $ 547,250.00 | $ - |
Partnered - combined | $ 823,000.00 | $ 823,000.00 | $ - |
Illness Separated - combined | $ 967,500.00 | $ 967,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 750,250.00 | $ 750,250.00 | $ - |
Partnered - combined | $ 1,026,000.00 | $ 1,026,000.00 | $ - |
Illness Separated - combined | $ 1,170,500.00 | $ 1,170,500.00 | $ - |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 504,750.00 | $ 504,750.00 | $ - |
Partnered - combined | $ 785,500.00 | $ 785,500.00 | $ - |
Illness Separated - combined | $ 882,500.00 | $ 882,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 707,750.00 | $ 707,750.00 | $ - |
Partnered - combined | $ 988,500.00 | $ 988,500.00 | $ - |
Illness Separated - combined | $ 1,085,500.00 | $ 1,085,500.00 | $ - |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 500,000.00 | $ 500,000.00 | $ - |
Partnered - combined | $ 778,500.00 | $ 778,500.00 | $ - |
Illness Separated - combined | $ 873,000.00 | $ 873,000.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 703,000.00 | $ 703,000.00 | $ - |
Partnered - combined | $ 981,500.00 | $ 981,500.00 | $ - |
Illness Separated - combined | $ 1,076,000.00 | $ 1,076,000.00 | $ - |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 535,500.00 | $ 535,500.00 | $ - |
Partnered - combined | $ 805,000.00 | $ 805,000.00 | $ - |
Illness Separated - combined | $ 944,000.00 | $ 944,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 738,500.00 | $ 738,500.00 | $ - |
Partnered - combined | $ 1,008,000.00 | $ 1,008,000.00 | $ - |
Illness Separated - combined | $ 1,147,000.00 | $ 1,147,000.00 | $ - |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 488,000.00 | $ 488,000.00 | $ - |
Partnered - combined | $ 760,500.00 | $ 760,500.00 | $ - |
Illness Separated - combined | $ 849,000.00 | $ 849,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 691,000.00 | $ 691,000.00 | $ - |
Partnered - combined | $ 963,500.00 | $ 963,500.00 | $ - |
Illness Separated - combined | $ 1,052,000.00 | $ 1,052,000.00 | $ - |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 457,750.00 | $ 457,750.00 | $ - |
Partnered - combined | $ 644,000.00 | $ 644,000.00 | $ - |
Illness Separated - combined | $ 788,500.00 | $ 788,500.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 660,750.00 | $ 660,750.00 | $ - |
Partnered - combined | $ 847,000.00 | $ 847,000.00 | $ - |
Illness Separated - combined | $ 991,500.00 | $ 991,500.00 | $ - |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 410,500.00 | $ 410,500.00 | $ - |
Partnered - combined | $ 599,500.00 | $ 599,500.00 | $ - |
Illness Separated - combined | $ 694,000.00 | $ 694,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 613,500.00 | $ 613,500.00 | $ - |
Partnered - combined | $ 802,500.00 | $ 802,500.00 | $ - |
Illness Separated - combined | $ 897,000.00 | $ 897,000.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-january-2018/income-support-asset-limits-1-january-2018