Income support asset limits 1 Jan 2020
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/09/2019 | 01/01/2020 | |
| 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 | $ 574,500.00 | $ 574,500.00 | $ - |
| Partnered - combined | $ 863,500.00 | $ 863,500.00 | $ - |
| Illness Separated - combined | $ 1,017,000.00 | $ 1,017,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 785,000.00 | $ 785,000.00 | $ - |
| Partnered - combined | $ 1,074,000.00 | $ 1,074,000.00 | $ - |
| Illness Separated - combined | $ 1,227,500.00 | $ 1,227,500.00 | $ - |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 569,750.00 | $ 569,750.00 | $ - |
| Partnered - combined | $ 856,500.00 | $ 856,500.00 | $ - |
| Illness Separated - combined | $ 1,007,500.00 | $ 1,007,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 780,250.00 | $ 780,250.00 | $ - |
| Partnered - combined | $ 1,067,000.00 | $ 1,067,000.00 | $ - |
| Illness Separated - combined | $ 1,218,000.00 | $ 1,218,000.00 | $ - |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 523,500.00 | $ 523,500.00 | $ - |
| Partnered - combined | $ 814,500.00 | $ 814,500.00 | $ - |
| Illness Separated - combined | $ 915,000.00 | $ 915,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 734,000.00 | $ 734,000.00 | $ - |
| Partnered - combined | $ 1,025,000.00 | $ 1,025,000.00 | $ - |
| Illness Separated - combined | $ 1,125,500.00 | $ 1,125,500.00 | $ - |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 518,750.00 | $ 518,750.00 | $ - |
| Partnered - combined | $ 807,500.00 | $ 807,500.00 | $ - |
| Illness Separated - combined | $ 905,500.00 | $ 905,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 729,250.00 | $ 729,250.00 | $ - |
| Partnered - combined | $ 1,018,000.00 | $ 1,018,000.00 | $ - |
| Illness Separated - combined | $ 1,116,000.00 | $ 1,116,000.00 | $ - |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 600,000.00 | $ 600,000.00 | $ - |
| Partnered - combined | $ 919,000.00 | $ 919,000.00 | $ - |
| Illness Separated - combined | $ 1,068,000.00 | $ 1,068,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 810,500.00 | $ 810,500.00 | $ - |
| Partnered - combined | $ 1,129,500.00 | $ 1,129,500.00 | $ - |
| Illness Separated - combined | $ 1,278,500.00 | $ 1,278,500.00 | $ - |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 557,500.00 | $ 557,500.00 | $ - |
| Partnered - combined | $ 838,000.00 | $ 838,000.00 | $ - |
| Illness Separated - combined | $ 983,000.00 | $ 983,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 768,000.00 | $ 768,000.00 | $ - |
| Partnered - combined | $ 1,048,500.00 | $ 1,048,500.00 | $ - |
| Illness Separated - combined | $ 1,193,500.00 | $ 1,193,500.00 | $ - |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 506,250.00 | $ 506,250.00 | $ - |
| Partnered - combined | $ 788,500.00 | $ 788,500.00 | $ - |
| Illness Separated - combined | $ 880,500.00 | $ 880,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 716,750.00 | $ 716,750.00 | $ - |
| Partnered - combined | $ 999,000.00 | $ 999,000.00 | $ - |
| Illness Separated - combined | $ 1,091,000.00 | $ 1,091,000.00 | $ - |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 587,750.00 | $ 587,750.00 | $ - |
| Partnered - combined | $ 900,500.00 | $ 900,500.00 | $ - |
| Illness Separated - combined | $ 1,043,500.00 | $ 1,043,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 798,250.00 | $ 798,250.00 | $ - |
| Partnered - combined | $ 1,111,000.00 | $ 1,111,000.00 | $ - |
| Illness Separated - combined | $ 1,254,000.00 | $ 1,254,000.00 | $ - |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 476,250.00 | $ 476,250.00 | $ - |
| Partnered - combined | $ 669,500.00 | $ 669,500.00 | $ - |
| Illness Separated - combined | $ 820,500.00 | $ 820,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 686,750.00 | $ 686,750.00 | $ - |
| Partnered - combined | $ 880,000.00 | $ 880,000.00 | $ - |
| Illness Separated - combined | $ 1,031,000.00 | $ 1,031,000.00 | $ - |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 425,000.00 | $ 425,000.00 | $ - |
| Partnered - combined | $ 620,000.00 | $ 620,000.00 | $ - |
| Illness Separated - combined | $ 718,000.00 | $ 718,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 635,500.00 | $ 635,500.00 | $ - |
| Partnered - combined | $ 830,500.00 | $ 830,500.00 | $ - |
| Illness Separated - combined | $ 928,500.00 | $ 928,500.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-january-2020/income-support-asset-limits-1-jan-2020