Income Support Asset Limits 1 July 2024
| Old rate | New Rate | Difference | |
| Income support asset limits | 20/03/2024 | 01/07/2024 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $301,750.00 | $314,000.00 | $12,250.00 |
| Partnered (each) including illness separated and respite care | $225,750.00 | $235,000.00 | $9,250.00 |
| Non-homeowner | Limit | ||
| Single | $543,750.00 | $566,000.00 | $22,250.00 |
| Partnered (each) including illness separated and respite care | $346,750.00 | $361,000.00 | $14,250.00 |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $242,000.00 | $252,000.00 | $10,000.00 |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $674,000.00 | $686,250.00 | $12,250.00 |
| Partnered - combined | $1,012,500.00 | $1,031,000.00 | $18,500.00 |
| Illness Separated - combined | $1,196,000.00 | $1,214,500.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $916,000.00 | $938,250.00 | $22,250.00 |
| Partnered - combined | $1,254,500.00 | $1,283,000.00 | $28,500.00 |
| Illness Separated - combined | $1,438,000.00 | $1,466,500.00 | $28,500.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $669,250.00 | $681,500.00 | $12,250.00 |
| Partnered - combined | $1,005,500.00 | $1,024,000.00 | $18,500.00 |
| Illness Separated - combined | $1,186,500.00 | $1,205,000.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $911,250.00 | $933,500.00 | $22,250.00 |
| Partnered - combined | $1,247,500.00 | $1,276,000.00 | $28,500.00 |
| Illness Separated - combined | $1,428,500.00 | $1,457,000.00 | $28,500.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $609,500.00 | $621,750.00 | $12,250.00 |
| Partnered - combined | $948,000.00 | $966,500.00 | $18,500.00 |
| Illness Separated - combined | $1,067,000.00 | $1,085,500.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $851,500.00 | $873,750.00 | $22,250.00 |
| Partnered - combined | $1,190,000.00 | $1,218,500.00 | $28,500.00 |
| Illness Separated - combined | $1,309,000.00 | $1,337,500.00 | $28,500.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $604,750.00 | $617,000.00 | $12,250.00 |
| Partnered - combined | $941,000.00 | $959,500.00 | $18,500.00 |
| Illness Separated - combined | $1,057,500.00 | $1,076,000.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $846,750.00 | $869,000.00 | $22,250.00 |
| Partnered - combined | $1,183,000.00 | $1,211,500.00 | $28,500.00 |
| Illness Separated - combined | $1,299,500.00 | $1,328,000.00 | $28,500.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $705,500.00 | $717,750.00 | $12,250.00 |
| Partnered - combined | $1,081,500.00 | $1,100,000.00 | $18,500.00 |
| Illness Separated - combined | $1,259,000.00 | $1,277,500.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $947,500.00 | $969,750.00 | $22,250.00 |
| Partnered - combined | $1,323,500.00 | $1,352,000.00 | $28,500.00 |
| Illness Separated - combined | $1,501,000.00 | $1,529,500.00 | $28,500.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $654,750.00 | $667,000.00 | $12,250.00 |
| Partnered - combined | $983,500.00 | $1,002,000.00 | $18,500.00 |
| Illness Separated - combined | $1,157,500.00 | $1,176,000.00 | $18,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $896,750.00 | $919,000.00 | $22,250.00 |
| Partnered - combined | $1,225,500.00 | $1,254,000.00 | $28,500.00 |
| Illness Separated - combined | $1,399,500.00 | $1,428,000.00 | $28,500.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $590,250.00 | $602,500.00 | $12,250.00 |
| Partnered - combined | $919,000.00 | $937,500.00 | $18,500.00 |
| Illness Separated - combined | $1,028,500.00 | $1,047,000.00 | $18,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $832,250.00 | $854,500.00 | $22,250.00 |
| Partnered - combined | $1,161,000.00 | $1,189,500.00 | $28,500.00 |
| Illness Separated - combined | $1,270,500.00 | $1,299,000.00 | $28,500.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $691,000.00 | $703,250.00 | $12,250.00 |
| Partnered - combined | $1,059,500.00 | $1,078,000.00 | $18,500.00 |
| Illness Separated - combined | $1,230,000.00 | $1,248,500.00 | $18,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $933,000.00 | $955,250.00 | $22,250.00 |
| Partnered - combined | $1,301,500.00 | $1,330,000.00 | $28,500.00 |
| Illness Separated - combined | $1,472,000.00 | $1,500,500.00 | $28,500.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $556,750.00 | $569,000.00 | $12,250.00 |
| Partnered - combined | $780,500.00 | $799,000.00 | $18,500.00 |
| Illness Separated - combined | $961,500.00 | $980,000.00 | $18,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $798,750.00 | $821,000.00 | $22,250.00 |
| Partnered - combined | $1,022,500.00 | $1,051,000.00 | $28,500.00 |
| Illness Separated - combined | $1,203,500.00 | $1,232,000.00 | $28,500.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $492,250.00 | $504,500.00 | $12,250.00 |
| Partnered - combined | $716,000.00 | $734,500.00 | $18,500.00 |
| Illness Separated - combined | $832,500.00 | $851,000.00 | $18,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $734,250.00 | $756,500.00 | $22,250.00 |
| Partnered - combined | $958,000.00 | $986,500.00 | $28,500.00 |
| Illness Separated - combined | $1,074,500.00 | $1,103,000.00 | $28,500.00 |
Source URL: https://clik.dva.gov.au/node/86350