Income support asset limits 20 March 2020
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/01/2020 | 20/03/2020 | |
| 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 | $ 578,250.00 | $ 3,750.00 |
| Partnered - combined | $ 863,500.00 | $ 869,500.00 | $ 6,000.00 |
| Illness Separated - combined | $ 1,017,000.00 | $ 1,024,500.00 | $ 7,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 785,000.00 | $ 788,750.00 | $ 3,750.00 |
| Partnered - combined | $ 1,074,000.00 | $ 1,080,000.00 | $ 6,000.00 |
| Illness Separated - combined | $ 1,227,500.00 | $ 1,235,000.00 | $ 7,500.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 569,750.00 | $ 573,500.00 | $ 3,750.00 |
| Partnered - combined | $ 856,500.00 | $ 862,000.00 | $ 5,500.00 |
| Illness Separated - combined | $ 1,007,500.00 | $ 1,015,000.00 | $ 7,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 780,250.00 | $ 784,000.00 | $ 3,750.00 |
| Partnered - combined | $ 1,067,000.00 | $ 1,072,500.00 | $ 5,500.00 |
| Illness Separated - combined | $ 1,218,000.00 | $ 1,225,500.00 | $ 7,500.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 523,500.00 | $ 526,500.00 | $ 3,000.00 |
| Partnered - combined | $ 814,500.00 | $ 819,500.00 | $ 5,000.00 |
| Illness Separated - combined | $ 915,000.00 | $ 921,000.00 | $ 6,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 734,000.00 | $ 737,000.00 | $ 3,000.00 |
| Partnered - combined | $ 1,025,000.00 | $ 1,030,000.00 | $ 5,000.00 |
| Illness Separated - combined | $ 1,125,500.00 | $ 1,131,500.00 | $ 6,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 518,750.00 | $ 521,750.00 | $ 3,000.00 |
| Partnered - combined | $ 807,500.00 | $ 812,000.00 | $ 4,500.00 |
| Illness Separated - combined | $ 905,500.00 | $ 911,500.00 | $ 6,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 729,250.00 | $ 732,250.00 | $ 3,000.00 |
| Partnered - combined | $ 1,018,000.00 | $ 1,022,500.00 | $ 4,500.00 |
| Illness Separated - combined | $ 1,116,000.00 | $ 1,122,000.00 | $ 6,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 600,000.00 | $ 604,000.00 | $ 4,000.00 |
| Partnered - combined | $ 919,000.00 | $ 925,500.00 | $ 6,500.00 |
| Illness Separated - combined | $ 1,068,000.00 | $ 1,076,000.00 | $ 8,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 810,500.00 | $ 814,500.00 | $ 4,000.00 |
| Partnered - combined | $ 1,129,500.00 | $ 1,136,000.00 | $ 6,500.00 |
| Illness Separated - combined | $ 1,278,500.00 | $ 1,286,500.00 | $ 8,000.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 557,500.00 | $ 561,000.00 | $ 3,500.00 |
| Partnered - combined | $ 838,000.00 | $ 843,500.00 | $ 5,500.00 |
| Illness Separated - combined | $ 983,000.00 | $ 990,000.00 | $ 7,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 768,000.00 | $ 771,500.00 | $ 3,500.00 |
| Partnered - combined | $ 1,048,500.00 | $ 1,054,000.00 | $ 5,500.00 |
| Illness Separated - combined | $ 1,193,500.00 | $ 1,200,500.00 | $ 7,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 506,250.00 | $ 509,250.00 | $ 3,000.00 |
| Partnered - combined | $ 788,500.00 | $ 793,500.00 | $ 5,000.00 |
| Illness Separated - combined | $ 880,500.00 | $ 886,500.00 | $ 6,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 716,750.00 | $ 719,750.00 | $ 3,000.00 |
| Partnered - combined | $ 999,000.00 | $ 1,004,000.00 | $ 5,000.00 |
| Illness Separated - combined | $ 1,091,000.00 | $ 1,097,000.00 | $ 6,000.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 587,750.00 | $ 591,500.00 | $ 3,750.00 |
| Partnered - combined | $ 900,500.00 | $ 907,000.00 | $ 6,500.00 |
| Illness Separated - combined | $ 1,043,500.00 | $ 1,051,000.00 | $ 7,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 798,250.00 | $ 802,000.00 | $ 3,750.00 |
| Partnered - combined | $ 1,111,000.00 | $ 1,117,500.00 | $ 6,500.00 |
| Illness Separated - combined | $ 1,254,000.00 | $ 1,261,500.00 | $ 7,500.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 476,250.00 | $ 478,750.00 | $ 2,500.00 |
| Partnered - combined | $ 669,500.00 | $ 672,500.00 | $ 3,000.00 |
| Illness Separated - combined | $ 820,500.00 | $ 825,500.00 | $ 5,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 686,750.00 | $ 689,250.00 | $ 2,500.00 |
| Partnered - combined | $ 880,000.00 | $ 883,000.00 | $ 3,000.00 |
| Illness Separated - combined | $ 1,031,000.00 | $ 1,036,000.00 | $ 5,000.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 425,000.00 | $ 427,000.00 | $ 2,000.00 |
| Partnered - combined | $ 620,000.00 | $ 622,500.00 | $ 2,500.00 |
| Illness Separated - combined | $ 718,000.00 | $ 722,000.00 | $ 4,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 635,500.00 | $ 637,500.00 | $ 2,000.00 |
| Partnered - combined | $ 830,500.00 | $ 833,000.00 | $ 2,500.00 |
| Illness Separated - combined | $ 928,500.00 | $ 932,500.00 | $ 4,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2020/income-support-asset-limits-20-march-2020