Income support asset limits 20 September 2020
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/07/2020 | 20/09/2020 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $ 268,000.00 | $ 268,000.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 200,750.00 | $ 200,750.00 | $ - |
| Non-homeowner | Limit | ||
| Single | $ 482,500.00 | $ 482,500.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 308,000.00 | $ 308,000.00 | $ - |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $ 214,500.00 | $ 214,500.00 | $ - |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 583,000.00 | $ 583,000.00 | $ - |
| Partnered - combined | $ 876,500.00 | $ 876,500.00 | $ - |
| Illness Separated - combined | $ 1,031,500.00 | $ 1,031,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 797,500.00 | $ 797,500.00 | $ - |
| Partnered - combined | $ 1,091,000.00 | $ 1,091,000.00 | $ - |
| Illness Separated - combined | $ 1,246,000.00 | $ 1,246,000.00 | $ - |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 578,250.00 | $ 578,250.00 | $ - |
| Partnered - combined | $ 869,000.00 | $ 869,000.00 | $ - |
| Illness Separated - combined | $ 1,022,000.00 | $ 1,022,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 792,750.00 | $ 792,750.00 | $ - |
| Partnered - combined | $ 1,083,500.00 | $ 1,083,500.00 | $ - |
| Illness Separated - combined | $ 1,236,500.00 | $ 1,236,500.00 | $ - |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 531,250.00 | $ 531,250.00 | $ - |
| Partnered - combined | $ 826,500.00 | $ 826,500.00 | $ - |
| Illness Separated - combined | $ 928,000.00 | $ 928,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 745,750.00 | $ 745,750.00 | $ - |
| Partnered - combined | $ 1,041,000.00 | $ 1,041,000.00 | $ - |
| Illness Separated - combined | $ 1,142,500.00 | $ 1,142,500.00 | $ - |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 526,500.00 | $ 526,500.00 | $ - |
| Partnered - combined | $ 819,000.00 | $ 819,000.00 | $ - |
| Illness Separated - combined | $ 918,500.00 | $ 918,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 741,000.00 | $ 741,000.00 | $ - |
| Partnered - combined | $ 1,033,500.00 | $ 1,033,500.00 | $ - |
| Illness Separated - combined | $ 1,133,000.00 | $ 1,133,000.00 | $ - |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 608,750.00 | $ 608,750.00 | $ - |
| Partnered - combined | $ 932,500.00 | $ 932,500.00 | $ - |
| Illness Separated - combined | $ 1,083,000.00 | $ 1,083,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 823,250.00 | $ 823,250.00 | $ - |
| Partnered - combined | $ 1,147,000.00 | $ 1,147,000.00 | $ - |
| Illness Separated - combined | $ 1,297,500.00 | $ 1,297,500.00 | $ - |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 565,750.00 | $ 565,750.00 | $ - |
| Partnered - combined | $ 850,500.00 | $ 850,500.00 | $ - |
| Illness Separated - combined | $ 997,000.00 | $ 997,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 780,250.00 | $ 780,250.00 | $ - |
| Partnered - combined | $ 1,065,000.00 | $ 1,065,000.00 | $ - |
| Illness Separated - combined | $ 1,211,500.00 | $ 1,211,500.00 | $ - |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 514,000.00 | $ 514,000.00 | $ - |
| Partnered - combined | $ 800,500.00 | $ 800,500.00 | $ - |
| Illness Separated - combined | $ 893,500.00 | $ 893,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 728,500.00 | $ 728,500.00 | $ - |
| Partnered - combined | $ 1,015,000.00 | $ 1,015,000.00 | $ - |
| Illness Separated - combined | $ 1,108,000.00 | $ 1,108,000.00 | $ - |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 596,250.00 | $ 596,250.00 | $ - |
| Partnered - combined | $ 914,000.00 | $ 914,000.00 | $ - |
| Illness Separated - combined | $ 1,058,000.00 | $ 1,058,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 810,750.00 | $ 810,750.00 | $ - |
| Partnered - combined | $ 1,128,500.00 | $ 1,128,500.00 | $ - |
| Illness Separated - combined | $ 1,272,500.00 | $ 1,272,500.00 | $ - |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 483,500.00 | $ 483,500.00 | $ - |
| Partnered - combined | $ 679,500.00 | $ 679,500.00 | $ - |
| Illness Separated - combined | $ 832,500.00 | $ 832,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 698,000.00 | $ 698,000.00 | $ - |
| Partnered - combined | $ 894,000.00 | $ 894,000.00 | $ - |
| Illness Separated - combined | $ 1,047,000.00 | $ 1,047,000.00 | $ - |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 431,750.00 | $ 431,750.00 | $ - |
| Partnered - combined | $ 629,500.00 | $ 629,500.00 | $ - |
| Illness Separated - combined | $ 729,000.00 | $ 729,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 646,250.00 | $ 646,250.00 | $ - |
| Partnered - combined | $ 844,000.00 | $ 844,000.00 | $ - |
| Illness Separated - combined | $ 943,500.00 | $ 943,500.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2020/income-support-asset-limits-20-september-2020-0