Income Support Asset Limits 20 September 2024
| Old rate | New Rate | Difference | |
| Income Support Asset Limits | 01/07/2024 | 20/09/2024 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $314,000.00 | $314,000.00 | $0.00 |
| Partnered (each) including illness separated and respite care | $235,000.00 | $235,000.00 | $0.00 |
| Non-homeowner | Limit | ||
| Single | $566,000.00 | $566,000.00 | $0.00 |
| Partnered (each) including illness separated and respite care | $361,000.00 | $361,000.00 | $0.00 |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $252,000.00 | $252,000.00 | $0.00 |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $686,250.00 | $695,500.00 | $9,250.00 |
| Partnered - combined | $1,031,000.00 | $1,045,500.00 | $14,500.00 |
| Illness Separated - combined | $1,214,500.00 | $1,233,000.00 | $18,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $938,250.00 | $947,500.00 | $9,250.00 |
| Partnered - combined | $1,283,000.00 | $1,297,500.00 | $14,500.00 |
| Illness Separated - combined | $1,466,500.00 | $1,485,000.00 | $18,500.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $681,500.00 | $691,000.00 | $9,500.00 |
| Partnered - combined | $1,024,000.00 | $1,038,000.00 | $14,000.00 |
| Illness Separated - combined | $1,205,000.00 | $1,224,000.00 | $19,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $933,500.00 | $943,000.00 | $9,500.00 |
| Partnered - combined | $1,276,000.00 | $1,290,000.00 | $14,000.00 |
| Illness Separated - combined | $1,457,000.00 | $1,476,000.00 | $19,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $621,750.00 | $627,750.00 | $6,000.00 |
| Partnered - combined | $966,500.00 | $976,500.00 | $10,000.00 |
| Illness Separated - combined | $1,085,500.00 | $1,097,500.00 | $12,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $873,750.00 | $879,750.00 | $6,000.00 |
| Partnered - combined | $1,218,500.00 | $1,228,500.00 | $10,000.00 |
| Illness Separated - combined | $1,337,500.00 | $1,349,500.00 | $12,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $617,000.00 | $623,000.00 | $6,000.00 |
| Partnered - combined | $959,500.00 | $969,500.00 | $10,000.00 |
| Illness Separated - combined | $1,076,000.00 | $1,088,000.00 | $12,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $869,000.00 | $875,000.00 | $6,000.00 |
| Partnered - combined | $1,211,500.00 | $1,221,500.00 | $10,000.00 |
| Illness Separated - combined | $1,328,000.00 | $1,340,000.00 | $12,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $717,750.00 | $728,250.00 | $10,500.00 |
| Partnered - combined | $1,100,000.00 | $1,116,000.00 | $16,000.00 |
| Illness Separated - combined | $1,277,500.00 | $1,298,500.00 | $21,000.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $969,750.00 | $980,250.00 | $10,500.00 |
| Partnered - combined | $1,352,000.00 | $1,368,000.00 | $16,000.00 |
| Illness Separated - combined | $1,529,500.00 | $1,550,500.00 | $21,000.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $667,000.00 | $676,000.00 | $9,000.00 |
| Partnered - combined | $1,002,000.00 | $1,015,500.00 | $13,500.00 |
| Illness Separated - combined | $1,176,000.00 | $1,194,000.00 | $18,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $919,000.00 | $928,000.00 | $9,000.00 |
| Partnered - combined | $1,254,000.00 | $1,267,500.00 | $13,500.00 |
| Illness Separated - combined | $1,428,000.00 | $1,446,000.00 | $18,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $602,500.00 | $608,250.00 | $5,750.00 |
| Partnered - combined | $937,500.00 | $947,000.00 | $9,500.00 |
| Illness Separated - combined | $1,047,000.00 | $1,058,500.00 | $11,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $854,500.00 | $860,250.00 | $5,750.00 |
| Partnered - combined | $1,189,500.00 | $1,199,000.00 | $9,500.00 |
| Illness Separated - combined | $1,299,000.00 | $1,310,500.00 | $11,500.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $703,250.00 | $713,250.00 | $10,000.00 |
| Partnered - combined | $1,078,000.00 | $1,093,500.00 | $15,500.00 |
| Illness Separated - combined | $1,248,500.00 | $1,268,500.00 | $20,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $955,250.00 | $965,250.00 | $10,000.00 |
| Partnered - combined | $1,330,000.00 | $1,345,500.00 | $15,500.00 |
| Illness Separated - combined | $1,500,500.00 | $1,520,500.00 | $20,000.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $569,000.00 | $575,500.00 | $6,500.00 |
| Partnered - combined | $799,000.00 | $807,500.00 | $8,500.00 |
| Illness Separated - combined | $980,000.00 | $993,000.00 | $13,000.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $821,000.00 | $827,500.00 | $6,500.00 |
| Partnered - combined | $1,051,000.00 | $1,059,500.00 | $8,500.00 |
| Illness Separated - combined | $1,232,000.00 | $1,245,000.00 | $13,000.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $504,500.00 | $507,750.00 | $3,250.00 |
| Partnered - combined | $734,500.00 | $738,500.00 | $4,000.00 |
| Illness Separated - combined | $851,000.00 | $857,500.00 | $6,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $756,500.00 | $759,750.00 | $3,250.00 |
| Partnered - combined | $986,500.00 | $990,500.00 | $4,000.00 |
| Illness Separated - combined | $1,103,000.00 | $1,109,500.00 | $6,500.00 |
Source URL: https://clik.dva.gov.au/node/86419