Income support asset limits 20 September 2022
| Old rate | New Rate | Difference | |
| Income support asset limits | 01/07/2022 | 20/09/2022 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $ 280,000.00 | $ 280,000.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 209,500.00 | $ 209,500.00 | $ - |
| Non-homeowner | Limit | ||
| Single | $ 504,500.00 | $ 504,500.00 | $ - |
| Partnered (each) including illness separated and respite care | $ 321,750.00 | $ 321,750.00 | $ - |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $ 224,500.00 | $ 224,500.00 | $ - |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 609,250.00 | $ 622,250.00 | $ 13,000.00 |
| Partnered - combined | $ 915,500.00 | $ 935,000.00 | $ 19,500.00 |
| Illness Separated - combined | $ 1,077,500.00 | $ 1,103,500.00 | $ 26,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 833,750.00 | $ 846,750.00 | $ 13,000.00 |
| Partnered - combined | $ 1,140,000.00 | $ 1,159,500.00 | $ 19,500.00 |
| Illness Separated - combined | $ 1,302,000.00 | $ 1,328,000.00 | $ 26,000.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 604,500.00 | $ 617,500.00 | $ 13,000.00 |
| Partnered - combined | $ 908,500.00 | $ 928,000.00 | $ 19,500.00 |
| Illness Separated - combined | $ 1,068,000.00 | $ 1,094,000.00 | $ 26,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 829,000.00 | $ 842,000.00 | $ 13,000.00 |
| Partnered - combined | $ 1,133,000.00 | $ 1,152,500.00 | $ 19,500.00 |
| Illness Separated - combined | $ 1,292,500.00 | $ 1,318,500.00 | $ 26,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 554,750.00 | $ 565,500.00 | $ 10,750.00 |
| Partnered - combined | $ 862,500.00 | $ 880,000.00 | $ 17,500.00 |
| Illness Separated - combined | $ 968,500.00 | $ 990,000.00 | $ 21,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 779,250.00 | $ 790,000.00 | $ 10,750.00 |
| Partnered - combined | $ 1,087,000.00 | $ 1,104,500.00 | $ 17,500.00 |
| Illness Separated - combined | $ 1,193,000.00 | $ 1,214,500.00 | $ 21,500.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 550,000.00 | $ 561,000.00 | $ 11,000.00 |
| Partnered - combined | $ 855,500.00 | $ 873,000.00 | $ 17,500.00 |
| Illness Separated - combined | $ 959,000.00 | $ 981,000.00 | $ 22,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 774,500.00 | $ 785,500.00 | $ 11,000.00 |
| Partnered - combined | $ 1,080,000.00 | $ 1,097,500.00 | $ 17,500.00 |
| Illness Separated - combined | $ 1,183,500.00 | $ 1,205,500.00 | $ 22,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 636,500.00 | $ 651,000.00 | $ 14,500.00 |
| Partnered - combined | $ 975,000.00 | $ 997,500.00 | $ 22,500.00 |
| Illness Separated - combined | $ 1,132,000.00 | $ 1,161,000.00 | $ 29,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 861,000.00 | $ 875,500.00 | $ 14,500.00 |
| Partnered - combined | $ 1,199,500.00 | $ 1,222,000.00 | $ 22,500.00 |
| Illness Separated - combined | $ 1,356,500.00 | $ 1,385,500.00 | $ 29,000.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 591,500.00 | $ 604,000.00 | $ 12,500.00 |
| Partnered - combined | $ 889,000.00 | $ 907,500.00 | $ 18,500.00 |
| Illness Separated - combined | $ 1,042,000.00 | $ 1,067,000.00 | $ 25,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 816,000.00 | $ 828,500.00 | $ 12,500.00 |
| Partnered - combined | $ 1,113,500.00 | $ 1,132,000.00 | $ 18,500.00 |
| Illness Separated - combined | $ 1,266,500.00 | $ 1,291,500.00 | $ 25,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 537,000.00 | $ 547,250.00 | $ 10,250.00 |
| Partnered - combined | $ 835,500.00 | $ 852,500.00 | $ 17,000.00 |
| Illness Separated - combined | $ 933,000.00 | $ 953,500.00 | $ 20,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 761,500.00 | $ 771,750.00 | $ 10,250.00 |
| Partnered - combined | $ 1,060,000.00 | $ 1,077,000.00 | $ 17,000.00 |
| Illness Separated - combined | $ 1,157,500.00 | $ 1,178,000.00 | $ 20,500.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 623,500.00 | $ 637,250.00 | $ 13,750.00 |
| Partnered - combined | $ 955,500.00 | $ 977,000.00 | $ 21,500.00 |
| Illness Separated - combined | $ 1,106,000.00 | $ 1,133,500.00 | $ 27,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 848,000.00 | $ 861,750.00 | $ 13,750.00 |
| Partnered - combined | $ 1,180,000.00 | $ 1,201,500.00 | $ 21,500.00 |
| Illness Separated - combined | $ 1,330,500.00 | $ 1,358,000.00 | $ 27,500.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 505,500.00 | $ 514,500.00 | $ 9,000.00 |
| Partnered - combined | $ 710,000.00 | $ 721,500.00 | $ 11,500.00 |
| Illness Separated - combined | $ 870,000.00 | $ 888,000.00 | $ 18,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 730,000.00 | $ 739,000.00 | $ 9,000.00 |
| Partnered - combined | $ 934,500.00 | $ 946,000.00 | $ 11,500.00 |
| Illness Separated - combined | $ 1,094,500.00 | $ 1,112,500.00 | $ 18,000.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 451,000.00 | $ 457,750.00 | $ 6,750.00 |
| Partnered - combined | $ 657,000.00 | $ 666,500.00 | $ 9,500.00 |
| Illness Separated - combined | $ 761,000.00 | $ 774,500.00 | $ 13,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 675,500.00 | $ 682,250.00 | $ 6,750.00 |
| Partnered - combined | $ 881,500.00 | $ 891,000.00 | $ 9,500.00 |
| Illness Separated - combined | $ 985,500.00 | $ 999,000.00 | $ 13,500.00 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/20-september-2022/income-support-asset-limits-20-september-2022