Income support asset limits 20 September 2021
Old rate | New Rate | Difference | |
Income support asset limits | 01/07/2021 | 20/09/2021 | |
Assets value limit | |||
Homeowner | Limit | ||
Single | $ 270,500.00 | $ 270,500.00 | $ - |
Partnered (each) including illness separated and respite care | $ 202,500.00 | $ 202,500.00 | $ - |
Non-homeowner | Limit | ||
Single | $ 487,000.00 | $ 487,000.00 | $ - |
Partnered (each) including illness separated and respite care | $ 310,750.00 | $ 310,750.00 | $ - |
Extra allowable amount | Limit | ||
Extra allowable amount | $ 216,500.00 | $ 216,500.00 | $ - |
Asset Levels at which SP/AP ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 588,250.00 | $ 593,000.00 | $ 4,750.00 |
Partnered - combined | $ 884,000.00 | $ 891,500.00 | $ 7,500.00 |
Illness Separated - combined | $ 1,040,500.00 | $ 1,050,000.00 | $ 9,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 804,750.00 | $ 809,500.00 | $ 4,750.00 |
Partnered - combined | $ 1,100,500.00 | $ 1,108,000.00 | $ 7,500.00 |
Illness Separated - combined | $ 1,257,000.00 | $ 1,266,500.00 | $ 9,500.00 |
Asset Levels at which ISS ceases (non-transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 583,500.00 | $ 588,500.00 | $ 5,000.00 |
Partnered - combined | $ 877,000.00 | $ 884,500.00 | $ 7,500.00 |
Illness Separated - combined | $ 1,031,000.00 | $ 1,041,000.00 | $ 10,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 800,000.00 | $ 805,000.00 | $ 5,000.00 |
Partnered - combined | $ 1,093,500.00 | $ 1,101,000.00 | $ 7,500.00 |
Illness Separated - combined | $ 1,247,500.00 | $ 1,257,500.00 | $ 10,000.00 |
Asset Levels at which SP/AP ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 536,000.00 | $ 539,750.00 | $ 3,750.00 |
Partnered - combined | $ 833,500.00 | $ 839,500.00 | $ 6,000.00 |
Illness Separated - combined | $ 936,000.00 | $ 943,500.00 | $ 7,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 752,500.00 | $ 756,250.00 | $ 3,750.00 |
Partnered - combined | $ 1,050,000.00 | $ 1,056,000.00 | $ 6,000.00 |
Illness Separated - combined | $ 1,152,500.00 | $ 1,160,000.00 | $ 7,500.00 |
Asset Levels at which ISS ceases (transitional) | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 531,250.00 | $ 535,000.00 | $ 3,750.00 |
Partnered - combined | $ 826,500.00 | $ 832,500.00 | $ 6,000.00 |
Illness Separated - combined | $ 926,500.00 | $ 934,000.00 | $ 7,500.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 747,750.00 | $ 751,500.00 | $ 3,750.00 |
Partnered - combined | $ 1,043,000.00 | $ 1,049,000.00 | $ 6,000.00 |
Illness Separated - combined | $ 1,143,000.00 | $ 1,150,500.00 | $ 7,500.00 |
Asset Levels at which VP ceases | |||
Low Limit | Limit | ||
Not a Member of a Couple | $ 614,250.00 | $ 619,750.00 | $ 5,500.00 |
Partnered - combined | $ 941,000.00 | $ 949,500.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,092,500.00 | $ 1,103,500.00 | $ 11,000.00 |
High Limit (without RA) | Limit | ||
Not a Member of a Couple | $ 830,750.00 | $ 836,250.00 | $ 5,500.00 |
Partnered - combined | $ 1,157,500.00 | $ 1,166,000.00 | $ 8,500.00 |
Illness Separated - combined | $ 1,309,000.00 | $ 1,320,000.00 | $ 11,000.00 |
Assets at which minimum payment paid (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 571,000.00 | $ 575,750.00 | $ 4,750.00 |
Partnered - combined | $ 858,000.00 | $ 865,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,006,000.00 | $ 1,015,500.00 | $ 9,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 787,500.00 | $ 792,250.00 | $ 4,750.00 |
Partnered - combined | $ 1,074,500.00 | $ 1,081,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,222,500.00 | $ 1,232,000.00 | $ 9,500.00 |
Assets at which minimum payment paid (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 518,750.00 | $ 522,250.00 | $ 3,500.00 |
Partnered - combined | $ 807,500.00 | $ 813,000.00 | $ 5,500.00 |
Illness Separated - combined | $ 901,500.00 | $ 908,500.00 | $ 7,000.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 735,250.00 | $ 738,750.00 | $ 3,500.00 |
Partnered - combined | $ 1,024,000.00 | $ 1,029,500.00 | $ 5,500.00 |
Illness Separated - combined | $ 1,118,000.00 | $ 1,125,000.00 | $ 7,000.00 |
Assets at which minimum payment paid (veteran payment) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 601,750.00 | $ 607,000.00 | $ 5,250.00 |
Partnered - combined | $ 922,000.00 | $ 930,000.00 | $ 8,000.00 |
Illness Separated - combined | $ 1,067,500.00 | $ 1,078,000.00 | $ 10,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 818,250.00 | $ 823,500.00 | $ 5,250.00 |
Partnered - combined | $ 1,138,500.00 | $ 1,146,500.00 | $ 8,000.00 |
Illness Separated - combined | $ 1,284,000.00 | $ 1,294,500.00 | $ 10,500.00 |
Assets at which ISS reduces (non-transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 488,000.00 | $ 491,250.00 | $ 3,250.00 |
Partnered - combined | $ 685,500.00 | $ 690,000.00 | $ 4,500.00 |
Illness Separated - combined | $ 840,000.00 | $ 846,500.00 | $ 6,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 704,500.00 | $ 707,750.00 | $ 3,250.00 |
Partnered - combined | $ 902,000.00 | $ 906,500.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,056,500.00 | $ 1,063,000.00 | $ 6,500.00 |
Assets at which ISS reduces (transitional) | |||
Homeowner | Limit | ||
Not a Member of a Couple | $ 435,750.00 | $ 438,000.00 | $ 2,250.00 |
Partnered - combined | $ 635,000.00 | $ 638,000.00 | $ 3,000.00 |
Illness Separated - combined | $ 735,500.00 | $ 740,000.00 | $ 4,500.00 |
Non-homeowner | Limit | ||
Not a Member of a Couple | $ 652,250.00 | $ 654,500.00 | $ 2,250.00 |
Partnered - combined | $ 851,500.00 | $ 854,500.00 | $ 3,000.00 |
Illness Separated - combined | $ 952,000.00 | $ 956,500.00 | $ 4,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2021/income-support-asset-limits-20-september-2021