Income support asset limits 1 January 2019
Old rate | New Rate | Difference | |
Income support asset limits | 20/09/2018 | 01/01/2019 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 258,500.00 | $ 258,500.00 | $ - |
Partnered (each) including illness separated and respite care | $ 193,750.00 | $ 193,750.00 | $ - |
Non-homeowner | Limit | ||
Single | $ 465,500.00 | $ 465,500.00 | $ - |
Partnered (each) including illness separated and respite care | $ 297,250.00 | $ 297,250.00 | $ - |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 207,000.00 | $ 207,000.00 | $ - |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 564,000.00 | $ 564,000.00 | $ - |
Partnered - combined | $ 848,000.00 | $ 848,000.00 | $ - |
Illness Separated - combined | $ 998,500.00 | $ 998,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 771,000.00 | $ 771,000.00 | $ - |
Partnered - combined | $ 1,055,000.00 | $ 1,055,000.00 | $ - |
Illness Separated - combined | $ 1,205,500.00 | $ 1,205,500.00 | $ - |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 559,250.00 | $ 559,250.00 | $ - |
Partnered - combined | $ 841,000.00 | $ 841,000.00 | $ - |
Illness Separated - combined | $ 989,000.00 | $ 989,000.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 766,250.00 | $ 766,250.00 | $ - |
Partnered - combined | $ 1,048,000.00 | $ 1,048,000.00 | $ - |
Illness Separated - combined | $ 1,196,000.00 | $ 1,196,000.00 | $ - |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 514,500.00 | $ 514,500.00 | $ - |
Partnered - combined | $ 801,000.00 | $ 801,000.00 | $ - |
Illness Separated - combined | $ 899,500.00 | $ 899,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 721,500.00 | $ 721,500.00 | $ - |
Partnered - combined | $ 1,008,000.00 | $ 1,008,000.00 | $ - |
Illness Separated - combined | $ 1,106,500.00 | $ 1,106,500.00 | $ - |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 510,000.00 | $ 510,000.00 | $ - |
Partnered - combined | $ 793,500.00 | $ 793,500.00 | $ - |
Illness Separated - combined | $ 890,500.00 | $ 890,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 717,000.00 | $ 717,000.00 | $ - |
Partnered - combined | $ 1,000,500.00 | $ 1,000,500.00 | $ - |
Illness Separated - combined | $ 1,097,500.00 | $ 1,097,500.00 | $ - |
Asset Levels at which VP ceases | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 589,000.00 | $ 589,000.00 | $ - |
Partnered - combined | $ 902,500.00 | $ 902,500.00 | $ - |
Illness Separated - combined | $ 1,048,500.00 | $ 1,048,500.00 | $ - |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 796,000.00 | $ 796,000.00 | $ - |
Partnered - combined | $ 1,109,500.00 | $ 1,109,500.00 | $ - |
Illness Separated - combined | $ 1,255,500.00 | $ 1,255,500.00 | $ - |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 547,250.00 | $ 547,250.00 | $ - |
Partnered - combined | $ 823,000.00 | $ 823,000.00 | $ - |
Illness Separated - combined | $ 965,000.00 | $ 965,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 754,250.00 | $ 754,250.00 | $ - |
Partnered - combined | $ 1,030,000.00 | $ 1,030,000.00 | $ - |
Illness Separated - combined | $ 1,172,000.00 | $ 1,172,000.00 | $ - |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 497,750.00 | $ 497,750.00 | $ - |
Partnered - combined | $ 775,500.00 | $ 775,500.00 | $ - |
Illness Separated - combined | $ 866,000.00 | $ 866,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 704,750.00 | $ 704,750.00 | $ - |
Partnered - combined | $ 982,500.00 | $ 982,500.00 | $ - |
Illness Separated - combined | $ 1,073,000.00 | $ 1,073,000.00 | $ - |
Assets at which minimum payment paid (veteran payment) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 576,750.00 | $ 576,750.00 | $ - |
Partnered - combined | $ 884,000.00 | $ 884,000.00 | $ - |
Illness Separated - combined | $ 1,024,000.00 | $ 1,024,000.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 783,750.00 | $ 783,750.00 | $ - |
Partnered - combined | $ 1,091,000.00 | $ 1,091,000.00 | $ - |
Illness Separated - combined | $ 1,231,000.00 | $ 1,231,000.00 | $ - |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 467,500.00 | $ 467,500.00 | $ - |
Partnered - combined | $ 657,500.00 | $ 657,500.00 | $ - |
Illness Separated - combined | $ 805,500.00 | $ 805,500.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 674,500.00 | $ 674,500.00 | $ - |
Partnered - combined | $ 864,500.00 | $ 864,500.00 | $ - |
Illness Separated - combined | $ 1,012,500.00 | $ 1,012,500.00 | $ - |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 418,000.00 | $ 418,000.00 | $ - |
Partnered - combined | $ 610,000.00 | $ 610,000.00 | $ - |
Illness Separated - combined | $ 706,500.00 | $ 706,500.00 | $ - |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 625,000.00 | $ 625,000.00 | $ - |
Partnered - combined | $ 817,000.00 | $ 817,000.00 | $ - |
Illness Separated - combined | $ 913,500.00 | $ 913,500.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-january-2019/income-support-asset-limits-1-january-2019