Income support asset limits 1 July 2018
Old rate | New Rate | Difference | |
Income support asset limits | 20/03/2018 | 01/07/2018 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 253,750.00 | $ 258,500.00 | $ 4,750.00 |
Partnered (each) including illness separated and respite care | $ 190,250.00 | $ 193,750.00 | $ 3,500.00 |
Non-homeowner | Limit | ||
Single | $ 456,750.00 | $ 465,500.00 | $ 8,750.00 |
Partnered (each) including illness separated and respite care | $ 291,750.00 | $ 297,250.00 | $ 5,500.00 |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 203,000.00 | $ 207,000.00 | $ 4,000.00 |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 556,500.00 | $ 561,250.00 | $ 4,750.00 |
Partnered - combined | $ 837,000.00 | $ 844,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 986,000.00 | $ 993,000.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 759,500.00 | $ 768,250.00 | $ 8,750.00 |
Partnered - combined | $ 1,040,000.00 | $ 1,051,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,189,000.00 | $ 1,200,000.00 | $ 11,000.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 551,750.00 | $ 556,500.00 | $ 4,750.00 |
Partnered - combined | $ 829,500.00 | $ 836,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 976,500.00 | $ 983,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 754,750.00 | $ 763,500.00 | $ 8,750.00 |
Partnered - combined | $ 1,032,500.00 | $ 1,043,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,179,500.00 | $ 1,190,500.00 | $ 11,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 507,750.00 | $ 512,500.00 | $ 4,750.00 |
Partnered - combined | $ 790,500.00 | $ 797,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 888,500.00 | $ 895,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 710,750.00 | $ 719,500.00 | $ 8,750.00 |
Partnered - combined | $ 993,500.00 | $ 1,004,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,091,500.00 | $ 1,102,500.00 | $ 11,000.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 503,250.00 | $ 508,000.00 | $ 4,750.00 |
Partnered - combined | $ 783,500.00 | $ 790,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 879,500.00 | $ 886,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 706,250.00 | $ 715,000.00 | $ 8,750.00 |
Partnered - combined | $ 986,500.00 | $ 997,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,082,500.00 | $ 1,093,500.00 | $ 11,000.00 |
Asset Levels at which VP ceases | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 581,000.00 | $ 585,750.00 | $ 4,750.00 |
Partnered - combined | $ 890,500.00 | $ 897,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,035,000.00 | $ 1,042,000.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 784,000.00 | $ 792,750.00 | $ 8,750.00 |
Partnered - combined | $ 1,093,500.00 | $ 1,104,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,238,000.00 | $ 1,249,000.00 | $ 11,000.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 539,750.00 | $ 544,500.00 | $ 4,750.00 |
Partnered - combined | $ 811,500.00 | $ 818,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 952,500.00 | $ 959,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 742,750.00 | $ 751,500.00 | $ 8,750.00 |
Partnered - combined | $ 1,014,500.00 | $ 1,025,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,155,500.00 | $ 1,166,500.00 | $ 11,000.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 491,250.00 | $ 496,000.00 | $ 4,750.00 |
Partnered - combined | $ 765,500.00 | $ 772,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 855,500.00 | $ 862,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 694,250.00 | $ 703,000.00 | $ 8,750.00 |
Partnered - combined | $ 968,500.00 | $ 979,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,058,500.00 | $ 1,069,500.00 | $ 11,000.00 |
Assets at which minimum payment paid (veteran payment) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 569,000.00 | $ 573,750.00 | $ 4,750.00 |
Partnered - combined | $ 872,000.00 | $ 879,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,011,000.00 | $ 1,018,000.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 772,000.00 | $ 780,750.00 | $ 8,750.00 |
Partnered - combined | $ 1,075,000.00 | $ 1,086,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,214,000.00 | $ 1,225,000.00 | $ 11,000.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 460,750.00 | $ 465,500.00 | $ 4,750.00 |
Partnered - combined | $ 648,000.00 | $ 655,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 794,500.00 | $ 801,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 663,750.00 | $ 672,500.00 | $ 8,750.00 |
Partnered - combined | $ 851,000.00 | $ 862,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 997,500.00 | $ 1,008,500.00 | $ 11,000.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 412,250.00 | $ 417,000.00 | $ 4,750.00 |
Partnered - combined | $ 602,000.00 | $ 609,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 697,500.00 | $ 704,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 615,250.00 | $ 624,000.00 | $ 8,750.00 |
Partnered - combined | $ 805,000.00 | $ 816,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 900,500.00 | $ 911,500.00 | $ 11,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2018/income-support-asset-limits-1-july-2018