Income support asset limits 1 July 2023

Assets value limit   
Homeowner Limit 
Single $      280,000.00 $      301,750.00 $      21,750.00
Partnered (each) including illness separated and respite care $      209,500.00 $      225,750.00 $      16,250.00
Non-homeowner Limit 
Single $      504,500.00 $      543,750.00 $      39,250.00
Partnered (each) including illness separated and respite care $      321,750.00 $      346,750.00 $      25,000.00
    
Extra allowable amount Limit 
Extra allowable amount $      224,500.00 $      242,000.00 $      17,500.00
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $      634,750.00 $      656,500.00 $      21,750.00
Partnered - combined $      954,000.00 $      986,500.00 $      32,500.00
Illness Separated - combined $   1,128,500.00 $   1,161,000.00 $      32,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      859,250.00 $      898,500.00 $      39,250.00
Partnered - combined $   1,178,500.00 $   1,228,500.00 $      50,000.00
Illness Separated - combined $   1,353,000.00 $   1,403,000.00 $      50,000.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $      630,000.00 $      651,750.00 $      21,750.00
Partnered - combined $      947,000.00 $      979,500.00 $      32,500.00
Illness Separated - combined $   1,119,000.00 $   1,151,500.00 $      32,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      854,500.00 $      893,750.00 $      39,250.00
Partnered - combined $   1,171,500.00 $   1,221,500.00 $      50,000.00
Illness Separated - combined $   1,343,500.00 $   1,393,500.00 $      50,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $      576,000.00 $      597,750.00 $      21,750.00
Partnered - combined $      896,500.00 $      929,000.00 $      32,500.00
Illness Separated - combined $   1,011,000.00 $   1,043,500.00 $      32,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      800,500.00 $      839,750.00 $      39,250.00
Partnered - combined $   1,121,000.00 $   1,171,000.00 $      50,000.00
Illness Separated - combined $   1,235,500.00 $   1,285,500.00 $      50,000.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $      571,250.00 $      593,000.00 $      21,750.00
Partnered - combined $      889,500.00 $      922,000.00 $      32,500.00
Illness Separated - combined $   1,001,500.00 $   1,034,000.00 $      32,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      795,750.00 $      835,000.00 $      39,250.00
Partnered - combined $   1,114,000.00 $   1,164,000.00 $      50,000.00
Illness Separated - combined $   1,226,000.00 $   1,276,000.00 $      50,000.00
    
Asset Levels at which VP ceases   
Low Limit Limit 
Not a Member of a Couple $      664,500.00 $      686,250.00 $      21,750.00
Partnered - combined $   1,019,000.00 $   1,051,500.00 $      32,500.00
Illness Separated - combined $   1,188,000.00 $   1,220,500.00 $      32,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      889,000.00 $      928,250.00 $      39,250.00
Partnered - combined $   1,243,500.00 $   1,293,500.00 $      50,000.00
Illness Separated - combined $   1,412,500.00 $   1,462,500.00 $      50,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $      616,000.00 $      637,750.00 $      21,750.00
Partnered - combined $      925,500.00 $      958,000.00 $      32,500.00
Illness Separated - combined $   1,091,000.00 $   1,123,500.00 $      32,500.00
Non-homeowner Limit 
Not a Member of a Couple $      840,500.00 $      879,750.00 $      39,250.00
Partnered - combined $   1,150,000.00 $   1,200,000.00 $      50,000.00
Illness Separated - combined $   1,315,500.00 $   1,365,500.00 $      50,000.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $      557,250.00 $      579,000.00 $      21,750.00
Partnered - combined $      868,500.00 $      901,000.00 $      32,500.00
Illness Separated - combined $      973,500.00 $   1,006,000.00 $      32,500.00
Non-homeowner Limit 
Not a Member of a Couple $      781,750.00 $      821,000.00 $      39,250.00
Partnered - combined $   1,093,000.00 $   1,143,000.00 $      50,000.00
Illness Separated - combined $   1,198,000.00 $   1,248,000.00 $      50,000.00
    
Assets at which minimum payment paid (veteran payment)   
Homeowner Limit 
Not a Member of a Couple $      650,500.00 $      672,250.00 $      21,750.00
Partnered - combined $      997,500.00 $   1,030,000.00 $      32,500.00
Illness Separated - combined $   1,160,000.00 $   1,192,500.00 $      32,500.00
Non-homeowner Limit 
Not a Member of a Couple $      875,000.00 $      914,250.00 $      39,250.00
Partnered - combined $   1,222,000.00 $   1,272,000.00 $      50,000.00
Illness Separated - combined $   1,384,500.00 $   1,434,500.00 $      50,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $      523,000.00 $      544,750.00 $      21,750.00
Partnered - combined $      733,000.00 $      765,500.00 $      32,500.00
Illness Separated - combined $      905,000.00 $      937,500.00 $      32,500.00
Non-homeowner Limit 
Not a Member of a Couple $      747,500.00 $      786,750.00 $      39,250.00
Partnered - combined $      957,500.00 $   1,007,500.00 $      50,000.00
Illness Separated - combined $   1,129,500.00 $   1,179,500.00 $      50,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $      464,250.00 $      486,000.00 $      21,750.00
Partnered - combined $      675,500.00 $      708,000.00 $      32,500.00
Illness Separated - combined $      787,500.00 $      820,000.00 $      32,500.00
Non-homeowner Limit 
Not a Member of a Couple $      688,750.00 $      728,000.00 $      39,250.00
Partnered - combined $      900,000.00 $      950,000.00 $      50,000.00
Illness Separated - combined $   1,012,000.00 $   1,062,000.00 $      50,000.00

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/20-march-2023/income-support-asset-limits-1-july-2023