Income support asset limits 20 Sep 2019

  Old rateNew RateDifference
HeadingIncome support asset limits01/07/201920/09/2019 
 Assets value limit   
 Homeowner Limit 
 Single $    263,250.00 $    263,250.00 $               -  
 Partnered (each) including illness separated and respite care $    197,250.00 $    197,250.00 $               -  
 Non-homeowner Limit 
 Single $    473,750.00 $    473,750.00 $               -  
 Partnered (each) including illness separated and respite care $    302,500.00 $    302,500.00 $               -  
     
 Extra allowable amount Limit 
 Extra allowable amount $    210,500.00 $    210,500.00 $               -  
     
 Asset Levels at which SP/AP ceases (non-transitional)   
 Low Limit Limit 
 Not a Member of a Couple $    572,000.00 $    574,500.00 $      2,500.00
 Partnered - combined $    860,000.00 $    863,500.00 $      3,500.00
 Illness Separated - combined $  1,012,000.00 $  1,017,000.00 $      5,000.00
 High Limit (without RA) Limit 
 Not a Member of a Couple $    782,500.00 $    785,000.00 $      2,500.00
 Partnered - combined $  1,070,500.00 $  1,074,000.00 $      3,500.00
 Illness Separated - combined $  1,222,500.00 $  1,227,500.00 $      5,000.00
     
 Asset Levels at which ISS ceases (non-transitional)   
 Low Limit Limit 
 Not a Member of a Couple $    567,500.00 $    569,750.00 $      2,250.00
 Partnered - combined $    853,000.00 $    856,500.00 $      3,500.00
 Illness Separated - combined $  1,003,000.00 $  1,007,500.00 $      4,500.00
 High Limit (without RA) Limit 
 Not a Member of a Couple $    778,000.00 $    780,250.00 $      2,250.00
 Partnered - combined $  1,063,500.00 $  1,067,000.00 $      3,500.00
 Illness Separated - combined $  1,213,500.00 $  1,218,000.00 $      4,500.00
     
 Asset Levels at which SP/AP ceases (transitional)   
 Low Limit Limit 
 Not a Member of a Couple $    521,750.00 $    523,500.00 $      1,750.00
 Partnered - combined $    812,000.00 $    814,500.00 $      2,500.00
 Illness Separated - combined $    911,500.00 $    915,000.00 $      3,500.00
 High Limit (without RA) Limit 
 Not a Member of a Couple $    732,250.00 $    734,000.00 $      1,750.00
 Partnered - combined $  1,022,500.00 $  1,025,000.00 $      2,500.00
 Illness Separated - combined $  1,122,000.00 $  1,125,500.00 $      3,500.00
     
 Asset Levels at which ISS ceases (transitional)   
 Low Limit Limit 
 Not a Member of a Couple $    517,250.00 $    518,750.00 $      1,500.00
 Partnered - combined $    805,000.00 $    807,500.00 $      2,500.00
 Illness Separated - combined $    902,500.00 $    905,500.00 $      3,000.00
 High Limit (without RA) Limit 
 Not a Member of a Couple $    727,750.00 $    729,250.00 $      1,500.00
 Partnered - combined $  1,015,500.00 $  1,018,000.00 $      2,500.00
 Illness Separated - combined $  1,113,000.00 $  1,116,000.00 $      3,000.00
     
 Asset Levels at which VP ceases   
 Low Limit Limit 
 Not a Member of a Couple $    597,250.00 $    600,000.00 $      2,750.00
 Partnered - combined $    915,000.00 $    919,000.00 $      4,000.00
 Illness Separated - combined $  1,062,500.00 $  1,068,000.00 $      5,500.00
 High Limit (without RA) Limit 
 Not a Member of a Couple $    807,750.00 $    810,500.00 $      2,750.00
 Partnered - combined $  1,125,500.00 $  1,129,500.00 $      4,000.00
 Illness Separated - combined $  1,273,000.00 $  1,278,500.00 $      5,500.00
     
 Assets at which minimum payment paid (non-transitional)   
 Homeowner Limit 
 Not a Member of a Couple $    555,250.00 $    557,500.00 $      2,250.00
 Partnered - combined $    834,500.00 $    838,000.00 $      3,500.00
 Illness Separated - combined $    978,500.00 $    983,000.00 $      4,500.00
 Non-homeowner Limit 
 Not a Member of a Couple $    765,750.00 $    768,000.00 $      2,250.00
 Partnered - combined $  1,045,000.00 $  1,048,500.00 $      3,500.00
 Illness Separated - combined $  1,189,000.00 $  1,193,500.00 $      4,500.00
     
 Assets at which minimum payment paid (transitional)   
 Homeowner Limit 
 Not a Member of a Couple $    505,000.00 $    506,250.00 $      1,250.00
 Partnered - combined $    786,500.00 $    788,500.00 $      2,000.00
 Illness Separated - combined $    878,000.00 $    880,500.00 $      2,500.00
 Non-homeowner Limit 
 Not a Member of a Couple $    715,500.00 $    716,750.00 $      1,250.00
 Partnered - combined $    997,000.00 $    999,000.00 $      2,000.00
 Illness Separated - combined $  1,088,500.00 $  1,091,000.00 $      2,500.00
     
 Assets at which minimum payment paid (veteran payment)   
 Homeowner Limit 
 Not a Member of a Couple $    585,000.00 $    587,750.00 $      2,750.00
 Partnered - combined $    896,500.00 $    900,500.00 $      4,000.00
 Illness Separated - combined $  1,038,000.00 $  1,043,500.00 $      5,500.00
 Non-homeowner Limit 
 Not a Member of a Couple $    795,500.00 $    798,250.00 $      2,750.00
 Partnered - combined $  1,107,000.00 $  1,111,000.00 $      4,000.00
 Illness Separated - combined $  1,248,500.00 $  1,254,000.00 $      5,500.00
     
 Assets at which ISS reduces (non-transitional)   
 Homeowner Limit 
 Not a Member of a Couple $    474,500.00 $    476,250.00 $      1,750.00
 Partnered - combined $    667,500.00 $    669,500.00 $      2,000.00
 Illness Separated - combined $    817,000.00 $    820,500.00 $      3,500.00
 Non-homeowner Limit 
 Not a Member of a Couple $    685,000.00 $    686,750.00 $      1,750.00
 Partnered - combined $    878,000.00 $    880,000.00 $      2,000.00
 Illness Separated - combined $  1,027,500.00 $  1,031,000.00 $      3,500.00
     
 Assets at which ISS reduces (transitional)   
 Homeowner Limit 
 Not a Member of a Couple $    424,250.00 $    425,000.00 $        750.00
 Partnered - combined $    619,000.00 $    620,000.00 $      1,000.00
 Illness Separated - combined $    716,500.00 $    718,000.00 $      1,500.00
 Non-homeowner Limit 
 Not a Member of a Couple $    634,750.00 $    635,500.00 $        750.00
 Partnered - combined $    829,500.00 $    830,500.00 $      1,000.00
 Illness Separated - combined $    927,000.00 $    928,500.00 $      1,500.00

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2019/income-support-asset-limits-20-sep-2019