Income support asset limits 1 July 2019
Old rate | New Rate | Difference | |
Income support asset limits | 20/03/2019 | 01/07/2019 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 258,500.00 | $ 263,250.00 | $ 4,750.00 |
Partnered (each) including illness separated and respite care | $ 193,750.00 | $ 197,250.00 | $ 3,500.00 |
Non-homeowner | Limit | ||
Single | $ 465,500.00 | $ 473,750.00 | $ 8,250.00 |
Partnered (each) including illness separated and respite care | $ 297,250.00 | $ 302,500.00 | $ 5,250.00 |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 207,000.00 | $ 210,500.00 | $ 3,500.00 |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 567,250.00 | $ 572,000.00 | $ 4,750.00 |
Partnered - combined | $ 853,000.00 | $ 860,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,005,000.00 | $ 1,012,000.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 774,250.00 | $ 782,500.00 | $ 8,250.00 |
Partnered - combined | $ 1,060,000.00 | $ 1,070,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,212,000.00 | $ 1,222,500.00 | $ 10,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 562,750.00 | $ 567,500.00 | $ 4,750.00 |
Partnered - combined | $ 846,000.00 | $ 853,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 996,000.00 | $ 1,003,000.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 769,750.00 | $ 778,000.00 | $ 8,250.00 |
Partnered - combined | $ 1,053,000.00 | $ 1,063,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,203,000.00 | $ 1,213,500.00 | $ 10,500.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 517,000.00 | $ 521,750.00 | $ 4,750.00 |
Partnered - combined | $ 805,000.00 | $ 812,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 904,500.00 | $ 911,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 724,000.00 | $ 732,250.00 | $ 8,250.00 |
Partnered - combined | $ 1,012,000.00 | $ 1,022,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,111,500.00 | $ 1,122,000.00 | $ 10,500.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 512,500.00 | $ 517,250.00 | $ 4,750.00 |
Partnered - combined | $ 798,000.00 | $ 805,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 895,500.00 | $ 902,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 719,500.00 | $ 727,750.00 | $ 8,250.00 |
Partnered - combined | $ 1,005,000.00 | $ 1,015,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,102,500.00 | $ 1,113,000.00 | $ 10,500.00 |
Asset Levels at which VP ceases | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 592,500.00 | $ 597,250.00 | $ 4,750.00 |
Partnered - combined | $ 908,000.00 | $ 915,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,055,500.00 | $ 1,062,500.00 | $ 7,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 799,500.00 | $ 807,750.00 | $ 8,250.00 |
Partnered - combined | $ 1,115,000.00 | $ 1,125,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,262,500.00 | $ 1,273,000.00 | $ 10,500.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 550,500.00 | $ 555,250.00 | $ 4,750.00 |
Partnered - combined | $ 827,500.00 | $ 834,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 971,500.00 | $ 978,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 757,500.00 | $ 765,750.00 | $ 8,250.00 |
Partnered - combined | $ 1,034,500.00 | $ 1,045,000.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,178,500.00 | $ 1,189,000.00 | $ 10,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 500,250.00 | $ 505,000.00 | $ 4,750.00 |
Partnered - combined | $ 779,500.00 | $ 786,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 871,000.00 | $ 878,000.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 707,250.00 | $ 715,500.00 | $ 8,250.00 |
Partnered - combined | $ 986,500.00 | $ 997,000.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,078,000.00 | $ 1,088,500.00 | $ 10,500.00 |
Assets at which minimum payment paid (veteran payment) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 580,250.00 | $ 585,000.00 | $ 4,750.00 |
Partnered - combined | $ 889,500.00 | $ 896,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,031,000.00 | $ 1,038,000.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 787,250.00 | $ 795,500.00 | $ 8,250.00 |
Partnered - combined | $ 1,096,500.00 | $ 1,107,000.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,238,000.00 | $ 1,248,500.00 | $ 10,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 469,750.00 | $ 474,500.00 | $ 4,750.00 |
Partnered - combined | $ 660,500.00 | $ 667,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 810,000.00 | $ 817,000.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 676,750.00 | $ 685,000.00 | $ 8,250.00 |
Partnered - combined | $ 867,500.00 | $ 878,000.00 | $ 10,500.00 |
Illness Separated - combined | $ 1,017,000.00 | $ 1,027,500.00 | $ 10,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 419,500.00 | $ 424,250.00 | $ 4,750.00 |
Partnered - combined | $ 612,000.00 | $ 619,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 709,500.00 | $ 716,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 626,500.00 | $ 634,750.00 | $ 8,250.00 |
Partnered - combined | $ 819,000.00 | $ 829,500.00 | $ 10,500.00 |
Illness Separated - combined | $ 916,500.00 | $ 927,000.00 | $ 10,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2019/income-support-asset-limits-1-july-2019