Income support asset limits 20 March 2019
Old rate | New Rate | Difference | |
Income support asset limits | 01/01/2019 | 20/03/2019 | |
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 | $ 567,250.00 | $ 3,250.00 |
Partnered - combined | $ 848,000.00 | $ 853,000.00 | $ 5,000.00 |
Illness Separated - combined | $ 998,500.00 | $ 1,005,000.00 | $ 6,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 771,000.00 | $ 774,250.00 | $ 3,250.00 |
Partnered - combined | $ 1,055,000.00 | $ 1,060,000.00 | $ 5,000.00 |
Illness Separated - combined | $ 1,205,500.00 | $ 1,212,000.00 | $ 6,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 559,250.00 | $ 562,750.00 | $ 3,500.00 |
Partnered - combined | $ 841,000.00 | $ 846,000.00 | $ 5,000.00 |
Illness Separated - combined | $ 989,000.00 | $ 996,000.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 766,250.00 | $ 769,750.00 | $ 3,500.00 |
Partnered - combined | $ 1,048,000.00 | $ 1,053,000.00 | $ 5,000.00 |
Illness Separated - combined | $ 1,196,000.00 | $ 1,203,000.00 | $ 7,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 514,500.00 | $ 517,000.00 | $ 2,500.00 |
Partnered - combined | $ 801,000.00 | $ 805,000.00 | $ 4,000.00 |
Illness Separated - combined | $ 899,500.00 | $ 904,500.00 | $ 5,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 721,500.00 | $ 724,000.00 | $ 2,500.00 |
Partnered - combined | $ 1,008,000.00 | $ 1,012,000.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,106,500.00 | $ 1,111,500.00 | $ 5,000.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 510,000.00 | $ 512,500.00 | $ 2,500.00 |
Partnered - combined | $ 793,500.00 | $ 798,000.00 | $ 4,500.00 |
Illness Separated - combined | $ 890,500.00 | $ 895,500.00 | $ 5,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 717,000.00 | $ 719,500.00 | $ 2,500.00 |
Partnered - combined | $ 1,000,500.00 | $ 1,005,000.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,097,500.00 | $ 1,102,500.00 | $ 5,000.00 |
Asset Levels at which VP ceases | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 589,000.00 | $ 592,500.00 | $ 3,500.00 |
Partnered - combined | $ 902,500.00 | $ 908,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 1,048,500.00 | $ 1,055,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 796,000.00 | $ 799,500.00 | $ 3,500.00 |
Partnered - combined | $ 1,109,500.00 | $ 1,115,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 1,255,500.00 | $ 1,262,500.00 | $ 7,000.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 547,250.00 | $ 550,500.00 | $ 3,250.00 |
Partnered - combined | $ 823,000.00 | $ 827,500.00 | $ 4,500.00 |
Illness Separated - combined | $ 965,000.00 | $ 971,500.00 | $ 6,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 754,250.00 | $ 757,500.00 | $ 3,250.00 |
Partnered - combined | $ 1,030,000.00 | $ 1,034,500.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,172,000.00 | $ 1,178,500.00 | $ 6,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 497,750.00 | $ 500,250.00 | $ 2,500.00 |
Partnered - combined | $ 775,500.00 | $ 779,500.00 | $ 4,000.00 |
Illness Separated - combined | $ 866,000.00 | $ 871,000.00 | $ 5,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 704,750.00 | $ 707,250.00 | $ 2,500.00 |
Partnered - combined | $ 982,500.00 | $ 986,500.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,073,000.00 | $ 1,078,000.00 | $ 5,000.00 |
Assets at which minimum payment paid (veteran payment) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 576,750.00 | $ 580,250.00 | $ 3,500.00 |
Partnered - combined | $ 884,000.00 | $ 889,500.00 | $ 5,500.00 |
Illness Separated - combined | $ 1,024,000.00 | $ 1,031,000.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 783,750.00 | $ 787,250.00 | $ 3,500.00 |
Partnered - combined | $ 1,091,000.00 | $ 1,096,500.00 | $ 5,500.00 |
Illness Separated - combined | $ 1,231,000.00 | $ 1,238,000.00 | $ 7,000.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 467,500.00 | $ 469,750.00 | $ 2,250.00 |
Partnered - combined | $ 657,500.00 | $ 660,500.00 | $ 3,000.00 |
Illness Separated - combined | $ 805,500.00 | $ 810,000.00 | $ 4,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 674,500.00 | $ 676,750.00 | $ 2,250.00 |
Partnered - combined | $ 864,500.00 | $ 867,500.00 | $ 3,000.00 |
Illness Separated - combined | $ 1,012,500.00 | $ 1,017,000.00 | $ 4,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 418,000.00 | $ 419,500.00 | $ 1,500.00 |
Partnered - combined | $ 610,000.00 | $ 612,000.00 | $ 2,000.00 |
Illness Separated - combined | $ 706,500.00 | $ 709,500.00 | $ 3,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 625,000.00 | $ 626,500.00 | $ 1,500.00 |
Partnered - combined | $ 817,000.00 | $ 819,000.00 | $ 2,000.00 |
Illness Separated - combined | $ 913,500.00 | $ 916,500.00 | $ 3,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2019/income-support-asset-limits-20-march-2019