Income support asset limits 20 March 2021

 Old rateNew RateDifference
Income support asset limits01/01/202120/03/2021 
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 $    585,750.00 $      2,750.00
Partnered - combined $    876,500.00 $    880,500.00 $      4,000.00
Illness Separated - combined $  1,031,500.00 $  1,037,000.00 $      5,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    797,500.00 $    800,250.00 $      2,750.00
Partnered - combined $  1,091,000.00 $  1,095,000.00 $      4,000.00
Illness Separated - combined $  1,246,000.00 $  1,251,500.00 $      5,500.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    578,250.00 $    581,000.00 $      2,750.00
Partnered - combined $    869,000.00 $    873,500.00 $      4,500.00
Illness Separated - combined $  1,022,000.00 $  1,027,500.00 $      5,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    792,750.00 $    795,500.00 $      2,750.00
Partnered - combined $  1,083,500.00 $  1,088,000.00 $      4,500.00
Illness Separated - combined $  1,236,500.00 $  1,242,000.00 $      5,500.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    531,250.00 $    533,500.00 $      2,250.00
Partnered - combined $    826,500.00 $    830,000.00 $      3,500.00
Illness Separated - combined $    928,000.00 $    932,500.00 $      4,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    745,750.00 $    748,000.00 $      2,250.00
Partnered - combined $  1,041,000.00 $  1,044,500.00 $      3,500.00
Illness Separated - combined $  1,142,500.00 $  1,147,000.00 $      4,500.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    526,500.00 $    528,750.00 $      2,250.00
Partnered - combined $    819,000.00 $    823,000.00 $      4,000.00
Illness Separated - combined $    918,500.00 $    923,000.00 $      4,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    741,000.00 $    743,250.00 $      2,250.00
Partnered - combined $  1,033,500.00 $  1,037,500.00 $      4,000.00
Illness Separated - combined $  1,133,000.00 $  1,137,500.00 $      4,500.00
    
Asset Levels at which VP ceases   
Low Limit Limit 
Not a Member of a Couple $    608,750.00 $    611,750.00 $      3,000.00
Partnered - combined $    932,500.00 $    937,500.00 $      5,000.00
Illness Separated - combined $  1,083,000.00 $  1,089,000.00 $      6,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    823,250.00 $    826,250.00 $      3,000.00
Partnered - combined $  1,147,000.00 $  1,152,000.00 $      5,000.00
Illness Separated - combined $  1,297,500.00 $  1,303,500.00 $      6,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    565,750.00 $    568,500.00 $      2,750.00
Partnered - combined $    850,500.00 $    854,500.00 $      4,000.00
Illness Separated - combined $    997,000.00 $  1,002,500.00 $      5,500.00
Non-homeowner Limit 
Not a Member of a Couple $    780,250.00 $    783,000.00 $      2,750.00
Partnered - combined $  1,065,000.00 $  1,069,000.00 $      4,000.00
Illness Separated - combined $  1,211,500.00 $  1,217,000.00 $      5,500.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    514,000.00 $    516,250.00 $      2,250.00
Partnered - combined $    800,500.00 $    804,000.00 $      3,500.00
Illness Separated - combined $    893,500.00 $    898,000.00 $      4,500.00
Non-homeowner Limit 
Not a Member of a Couple $    728,500.00 $    730,750.00 $      2,250.00
Partnered - combined $  1,015,000.00 $  1,018,500.00 $      3,500.00
Illness Separated - combined $  1,108,000.00 $  1,112,500.00 $      4,500.00
    
Assets at which minimum payment paid (veteran payment)   
Homeowner Limit 
Not a Member of a Couple $    596,250.00 $    599,250.00 $      3,000.00
Partnered - combined $    914,000.00 $    918,500.00 $      4,500.00
Illness Separated - combined $  1,058,000.00 $  1,064,000.00 $      6,000.00
Non-homeowner Limit 
Not a Member of a Couple $    810,750.00 $    813,750.00 $      3,000.00
Partnered - combined $  1,128,500.00 $  1,133,000.00 $      4,500.00
Illness Separated - combined $  1,272,500.00 $  1,278,500.00 $      6,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    483,500.00 $    485,500.00 $      2,000.00
Partnered - combined $    679,500.00 $    682,000.00 $      2,500.00
Illness Separated - combined $    832,500.00 $    836,500.00 $      4,000.00
Non-homeowner Limit 
Not a Member of a Couple $    698,000.00 $    700,000.00 $      2,000.00
Partnered - combined $    894,000.00 $    896,500.00 $      2,500.00
Illness Separated - combined $  1,047,000.00 $  1,051,000.00 $      4,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    431,750.00 $    433,250.00 $      1,500.00
Partnered - combined $    629,500.00 $    631,500.00 $      2,000.00
Illness Separated - combined $    729,000.00 $    732,000.00 $      3,000.00
Non-homeowner Limit 
Not a Member of a Couple $    646,250.00 $    647,750.00 $      1,500.00
Partnered - combined $    844,000.00 $    846,000.00 $      2,000.00
Illness Separated - combined $    943,500.00 $    946,500.00 $      3,000.00

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2021/income-support-asset-limits-20-march-2021