Income support asset limits 1 July 2022
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/03/2022 | 01/07/2022 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $ 270,500.00 | $ 280,000.00 | $ 9,500.00 |
| Partnered (each) including illness separated and respite care | $ 202,500.00 | $ 209,500.00 | $ 7,000.00 |
| Non-homeowner | Limit | ||
| Single | $ 487,000.00 | $ 504,500.00 | $ 17,500.00 |
| Partnered (each) including illness separated and respite care | $ 310,750.00 | $ 321,750.00 | $ 11,000.00 |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $ 216,500.00 | $ 224,500.00 | $ 8,000.00 |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 599,750.00 | $ 609,250.00 | $ 9,500.00 |
| Partnered - combined | $ 901,500.00 | $ 915,500.00 | $ 14,000.00 |
| Illness Separated - combined | $ 1,063,500.00 | $ 1,077,500.00 | $ 14,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 816,250.00 | $ 833,750.00 | $ 17,500.00 |
| Partnered - combined | $ 1,118,000.00 | $ 1,140,000.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,280,000.00 | $ 1,302,000.00 | $ 22,000.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 595,000.00 | $ 604,500.00 | $ 9,500.00 |
| Partnered - combined | $ 894,500.00 | $ 908,500.00 | $ 14,000.00 |
| Illness Separated - combined | $ 1,054,000.00 | $ 1,068,000.00 | $ 14,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 811,500.00 | $ 829,000.00 | $ 17,500.00 |
| Partnered - combined | $ 1,111,000.00 | $ 1,133,000.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,270,500.00 | $ 1,292,500.00 | $ 22,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 545,250.00 | $ 554,750.00 | $ 9,500.00 |
| Partnered - combined | $ 848,500.00 | $ 862,500.00 | $ 14,000.00 |
| Illness Separated - combined | $ 954,500.00 | $ 968,500.00 | $ 14,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 761,750.00 | $ 779,250.00 | $ 17,500.00 |
| Partnered - combined | $ 1,065,000.00 | $ 1,087,000.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,171,000.00 | $ 1,193,000.00 | $ 22,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 540,500.00 | $ 550,000.00 | $ 9,500.00 |
| Partnered - combined | $ 841,500.00 | $ 855,500.00 | $ 14,000.00 |
| Illness Separated - combined | $ 945,000.00 | $ 959,000.00 | $ 14,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 757,000.00 | $ 774,500.00 | $ 17,500.00 |
| Partnered - combined | $ 1,058,000.00 | $ 1,080,000.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,161,500.00 | $ 1,183,500.00 | $ 22,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 627,000.00 | $ 636,500.00 | $ 9,500.00 |
| Partnered - combined | $ 961,000.00 | $ 975,000.00 | $ 14,000.00 |
| Illness Separated - combined | $ 1,118,000.00 | $ 1,132,000.00 | $ 14,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 843,500.00 | $ 861,000.00 | $ 17,500.00 |
| Partnered - combined | $ 1,177,500.00 | $ 1,199,500.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,334,500.00 | $ 1,356,500.00 | $ 22,000.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 582,000.00 | $ 591,500.00 | $ 9,500.00 |
| Partnered - combined | $ 875,000.00 | $ 889,000.00 | $ 14,000.00 |
| Illness Separated - combined | $ 1,028,000.00 | $ 1,042,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 798,500.00 | $ 816,000.00 | $ 17,500.00 |
| Partnered - combined | $ 1,091,500.00 | $ 1,113,500.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,244,500.00 | $ 1,266,500.00 | $ 22,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 527,500.00 | $ 537,000.00 | $ 9,500.00 |
| Partnered - combined | $ 821,500.00 | $ 835,500.00 | $ 14,000.00 |
| Illness Separated - combined | $ 919,000.00 | $ 933,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 744,000.00 | $ 761,500.00 | $ 17,500.00 |
| Partnered - combined | $ 1,038,000.00 | $ 1,060,000.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,135,500.00 | $ 1,157,500.00 | $ 22,000.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 614,000.00 | $ 623,500.00 | $ 9,500.00 |
| Partnered - combined | $ 941,000.00 | $ 955,000.00 | $ 14,000.00 |
| Illness Separated - combined | $ 1,092,000.00 | $ 1,106,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 830,500.00 | $ 848,000.00 | $ 17,500.00 |
| Partnered - combined | $ 1,157,500.00 | $ 1,179,500.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,308,500.00 | $ 1,330,500.00 | $ 22,000.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 496,000.00 | $ 505,500.00 | $ 9,500.00 |
| Partnered - combined | $ 696,000.00 | $ 710,000.00 | $ 14,000.00 |
| Illness Separated - combined | $ 856,000.00 | $ 870,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 712,500.00 | $ 730,000.00 | $ 17,500.00 |
| Partnered - combined | $ 912,500.00 | $ 934,500.00 | $ 22,000.00 |
| Illness Separated - combined | $ 1,072,500.00 | $ 1,094,500.00 | $ 22,000.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 441,500.00 | $ 451,000.00 | $ 9,500.00 |
| Partnered - combined | $ 643,000.00 | $ 657,000.00 | $ 14,000.00 |
| Illness Separated - combined | $ 747,000.00 | $ 761,000.00 | $ 14,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 658,000.00 | $ 675,500.00 | $ 17,500.00 |
| Partnered - combined | $ 859,500.00 | $ 881,500.00 | $ 22,000.00 |
| Illness Separated - combined | $ 963,500.00 | $ 985,500.00 | $ 22,000.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2022/income-support-asset-limits-1-july-2022