Income support asset limits 20 March 2022
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/01/2022 | 20/03/2022 | |
| 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 | $ 599,750.00 | $ 6,750.00 |
| Partnered - combined | $ 891,500.00 | $ 901,500.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,050,000.00 | $ 1,063,500.00 | $ 13,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 809,500.00 | $ 816,250.00 | $ 6,750.00 |
| Partnered - combined | $ 1,108,000.00 | $ 1,118,000.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,266,500.00 | $ 1,280,000.00 | $ 13,500.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 588,500.00 | $ 595,000.00 | $ 6,500.00 |
| Partnered - combined | $ 884,500.00 | $ 894,500.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,041,000.00 | $ 1,054,000.00 | $ 13,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 805,000.00 | $ 811,500.00 | $ 6,500.00 |
| Partnered - combined | $ 1,101,000.00 | $ 1,111,000.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,257,500.00 | $ 1,270,500.00 | $ 13,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 539,750.00 | $ 545,250.00 | $ 5,500.00 |
| Partnered - combined | $ 839,500.00 | $ 848,500.00 | $ 9,000.00 |
| Illness Separated - combined | $ 943,500.00 | $ 954,500.00 | $ 11,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 756,250.00 | $ 761,750.00 | $ 5,500.00 |
| Partnered - combined | $ 1,056,000.00 | $ 1,065,000.00 | $ 9,000.00 |
| Illness Separated - combined | $ 1,160,000.00 | $ 1,171,000.00 | $ 11,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 535,000.00 | $ 540,500.00 | $ 5,500.00 |
| Partnered - combined | $ 832,500.00 | $ 841,500.00 | $ 9,000.00 |
| Illness Separated - combined | $ 934,000.00 | $ 945,000.00 | $ 11,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 751,500.00 | $ 757,000.00 | $ 5,500.00 |
| Partnered - combined | $ 1,049,000.00 | $ 1,058,000.00 | $ 9,000.00 |
| Illness Separated - combined | $ 1,150,500.00 | $ 1,161,500.00 | $ 11,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 619,750.00 | $ 627,000.00 | $ 7,250.00 |
| Partnered - combined | $ 949,500.00 | $ 961,000.00 | $ 11,500.00 |
| Illness Separated - combined | $ 1,103,500.00 | $ 1,118,000.00 | $ 14,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 836,250.00 | $ 843,500.00 | $ 7,250.00 |
| Partnered - combined | $ 1,166,000.00 | $ 1,177,500.00 | $ 11,500.00 |
| Illness Separated - combined | $ 1,320,000.00 | $ 1,334,500.00 | $ 14,500.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 575,750.00 | $ 582,000.00 | $ 6,250.00 |
| Partnered - combined | $ 865,000.00 | $ 875,000.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,015,500.00 | $ 1,028,000.00 | $ 12,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 792,250.00 | $ 798,500.00 | $ 6,250.00 |
| Partnered - combined | $ 1,081,500.00 | $ 1,091,500.00 | $ 10,000.00 |
| Illness Separated - combined | $ 1,232,000.00 | $ 1,244,500.00 | $ 12,500.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 522,250.00 | $ 527,500.00 | $ 5,250.00 |
| Partnered - combined | $ 813,000.00 | $ 821,500.00 | $ 8,500.00 |
| Illness Separated - combined | $ 908,500.00 | $ 919,000.00 | $ 10,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 738,750.00 | $ 744,000.00 | $ 5,250.00 |
| Partnered - combined | $ 1,029,500.00 | $ 1,038,000.00 | $ 8,500.00 |
| Illness Separated - combined | $ 1,125,000.00 | $ 1,135,500.00 | $ 10,500.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 607,000.00 | $ 614,000.00 | $ 7,000.00 |
| Partnered - combined | $ 930,000.00 | $ 941,000.00 | $ 11,000.00 |
| Illness Separated - combined | $ 1,078,000.00 | $ 1,092,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 823,500.00 | $ 830,500.00 | $ 7,000.00 |
| Partnered - combined | $ 1,146,500.00 | $ 1,157,500.00 | $ 11,000.00 |
| Illness Separated - combined | $ 1,294,500.00 | $ 1,308,500.00 | $ 14,000.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 491,250.00 | $ 496,000.00 | $ 4,750.00 |
| Partnered - combined | $ 690,000.00 | $ 696,000.00 | $ 6,000.00 |
| Illness Separated - combined | $ 846,500.00 | $ 856,000.00 | $ 9,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 707,750.00 | $ 712,500.00 | $ 4,750.00 |
| Partnered - combined | $ 906,500.00 | $ 912,500.00 | $ 6,000.00 |
| Illness Separated - combined | $ 1,063,000.00 | $ 1,072,500.00 | $ 9,500.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 438,000.00 | $ 441,500.00 | $ 3,500.00 |
| Partnered - combined | $ 638,000.00 | $ 643,000.00 | $ 5,000.00 |
| Illness Separated - combined | $ 740,000.00 | $ 747,000.00 | $ 7,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 654,500.00 | $ 658,000.00 | $ 3,500.00 |
| Partnered - combined | $ 854,500.00 | $ 859,500.00 | $ 5,000.00 |
| Illness Separated - combined | $ 956,500.00 | $ 963,500.00 | $ 7,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-march-2022/income-support-asset-limits-20-march-2022