Income support asset limits 1 January 2022
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/09/2021 | 01/01/2022 | |
| 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 | $ 593,000.00 | $ 593,000.00 | $ - |
| Partnered - combined | $ 891,500.00 | $ 891,500.00 | $ - |
| Illness Separated - combined | $ 1,050,000.00 | $ 1,050,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 809,500.00 | $ 809,500.00 | $ - |
| Partnered - combined | $ 1,108,000.00 | $ 1,108,000.00 | $ - |
| Illness Separated - combined | $ 1,266,500.00 | $ 1,266,500.00 | $ - |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 588,500.00 | $ 588,500.00 | $ - |
| Partnered - combined | $ 884,500.00 | $ 884,500.00 | $ - |
| Illness Separated - combined | $ 1,041,000.00 | $ 1,041,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 805,000.00 | $ 805,000.00 | $ - |
| Partnered - combined | $ 1,101,000.00 | $ 1,101,000.00 | $ - |
| Illness Separated - combined | $ 1,257,500.00 | $ 1,257,500.00 | $ - |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 539,750.00 | $ 539,750.00 | $ - |
| Partnered - combined | $ 839,500.00 | $ 839,500.00 | $ - |
| Illness Separated - combined | $ 943,500.00 | $ 943,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 756,250.00 | $ 756,250.00 | $ - |
| Partnered - combined | $ 1,056,000.00 | $ 1,056,000.00 | $ - |
| Illness Separated - combined | $ 1,160,000.00 | $ 1,160,000.00 | $ - |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 535,000.00 | $ 535,000.00 | $ - |
| Partnered - combined | $ 832,500.00 | $ 832,500.00 | $ - |
| Illness Separated - combined | $ 934,000.00 | $ 934,000.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 751,500.00 | $ 751,500.00 | $ - |
| Partnered - combined | $ 1,049,000.00 | $ 1,049,000.00 | $ - |
| Illness Separated - combined | $ 1,150,500.00 | $ 1,150,500.00 | $ - |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 619,750.00 | $ 619,750.00 | $ - |
| Partnered - combined | $ 949,500.00 | $ 949,500.00 | $ - |
| Illness Separated - combined | $ 1,103,500.00 | $ 1,103,500.00 | $ - |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 836,250.00 | $ 836,250.00 | $ - |
| Partnered - combined | $ 1,166,000.00 | $ 1,166,000.00 | $ - |
| Illness Separated - combined | $ 1,320,000.00 | $ 1,320,000.00 | $ - |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 575,750.00 | $ 575,750.00 | $ - |
| Partnered - combined | $ 865,000.00 | $ 865,000.00 | $ - |
| Illness Separated - combined | $ 1,015,500.00 | $ 1,015,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 792,250.00 | $ 792,250.00 | $ - |
| Partnered - combined | $ 1,081,500.00 | $ 1,081,500.00 | $ - |
| Illness Separated - combined | $ 1,232,000.00 | $ 1,232,000.00 | $ - |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 522,250.00 | $ 522,250.00 | $ - |
| Partnered - combined | $ 813,000.00 | $ 813,000.00 | $ - |
| Illness Separated - combined | $ 908,500.00 | $ 908,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 738,750.00 | $ 738,750.00 | $ - |
| Partnered - combined | $ 1,029,500.00 | $ 1,029,500.00 | $ - |
| Illness Separated - combined | $ 1,125,000.00 | $ 1,125,000.00 | $ - |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 607,000.00 | $ 607,000.00 | $ - |
| Partnered - combined | $ 930,000.00 | $ 930,000.00 | $ - |
| Illness Separated - combined | $ 1,078,000.00 | $ 1,078,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 823,500.00 | $ 823,500.00 | $ - |
| Partnered - combined | $ 1,146,500.00 | $ 1,146,500.00 | $ - |
| Illness Separated - combined | $ 1,294,500.00 | $ 1,294,500.00 | $ - |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 491,250.00 | $ 491,250.00 | $ - |
| Partnered - combined | $ 690,000.00 | $ 690,000.00 | $ - |
| Illness Separated - combined | $ 846,500.00 | $ 846,500.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 707,750.00 | $ 707,750.00 | $ - |
| Partnered - combined | $ 906,500.00 | $ 906,500.00 | $ - |
| Illness Separated - combined | $ 1,063,000.00 | $ 1,063,000.00 | $ - |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 438,000.00 | $ 438,000.00 | $ - |
| Partnered - combined | $ 638,000.00 | $ 638,000.00 | $ - |
| Illness Separated - combined | $ 740,000.00 | $ 740,000.00 | $ - |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 654,500.00 | $ 654,500.00 | $ - |
| Partnered - combined | $ 854,500.00 | $ 854,500.00 | $ - |
| Illness Separated - combined | $ 956,500.00 | $ 956,500.00 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/income-support-asset-limits-1-january-2022