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Income support asset limits 1 January 2017

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 Old rateNew RateDifference
Income support asset limits20/09/201601/01/2017 
Assets value limit   
Homeowner Limit 
Single $    209,000.00 $    250,000.00 $    41,000.00
Partnered (each) including illness separated and respite care $    148,250.00 $    187,500.00 $    39,250.00
Non-homeowner Limit 
Single $    360,500.00 $    450,000.00 $    89,500.00
Partnered (each) including illness separated and respite care $    224,000.00 $    287,500.00 $    63,500.00
    
Extra allowable amount Limit 
Extra allowable amount $    151,500.00 $    200,000.00 $    48,500.00
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    793,750.00 $    542,500.00-$  251,250.00
Partnered - combined $  1,178,500.00 $    816,000.00-$  362,500.00
Illness Separated - combined $  1,466,000.00 $    960,000.00-$  506,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    945,250.00 $    742,500.00-$  202,750.00
Partnered - combined $  1,330,000.00 $  1,016,000.00-$  314,000.00
Illness Separated - combined $  1,617,500.00 $  1,160,000.00-$  457,500.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    784,500.00 $    537,750.00-$  246,750.00
Partnered - combined $  1,164,000.00 $    809,000.00-$  355,000.00
Illness Separated - combined $  1,447,500.00 $    950,500.00-$  497,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    936,000.00 $    737,750.00-$  198,250.00
Partnered - combined $  1,315,500.00 $  1,009,000.00-$  306,500.00
Illness Separated - combined $  1,599,000.00 $  1,150,500.00-$  448,500.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    701,500.00 $    496,250.00-$  205,250.00
Partnered - combined $  1,091,000.00 $    772,500.00-$  318,500.00
Illness Separated - combined $  1,281,500.00 $    867,500.00-$  414,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    853,000.00 $    696,250.00-$  156,750.00
Partnered - combined $  1,242,500.00 $    972,500.00-$  270,000.00
Illness Separated - combined $  1,433,000.00 $  1,067,500.00-$  365,500.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    692,000.00 $    491,500.00-$  200,500.00
Partnered - combined $  1,077,000.00 $    765,500.00-$  311,500.00
Illness Separated - combined $  1,262,500.00 $    858,000.00-$  404,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    843,500.00 $    691,500.00-$  152,000.00
Partnered - combined $  1,228,500.00 $    965,500.00-$  263,000.00
Illness Separated - combined $  1,414,000.00 $  1,058,000.00-$  356,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    761,000.00 $    526,000.00-$  235,000.00
Partnered - combined $  1,129,000.00 $    791,500.00-$  337,500.00
Illness Separated - combined $  1,400,500.00 $    927,000.00-$  473,500.00
Non-homeowner Limit 
Not a Member of a Couple $    912,500.00 $    726,000.00-$  186,500.00
Partnered - combined $  1,280,500.00 $    991,500.00-$  289,000.00
Illness Separated - combined $  1,552,000.00 $  1,127,000.00-$  425,000.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    668,750.00 $    480,000.00-$  188,750.00
Partnered - combined $  1,042,000.00 $    748,000.00-$  294,000.00
Illness Separated - combined $  1,216,000.00 $    835,000.00-$  381,000.00
Non-homeowner Limit 
Not a Member of a Couple $    820,250.00 $    680,000.00-$  140,250.00
Partnered - combined $  1,193,500.00 $    948,000.00-$  245,500.00
Illness Separated - combined $  1,367,500.00 $  1,035,000.00-$  332,500.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    609,000.00 $    450,000.00-$  159,000.00
Partnered - combined $    813,500.00 $    633,500.00-$  180,000.00
Illness Separated - combined $  1,096,500.00 $    775,000.00-$  321,500.00
Non-homeowner Limit 
Not a Member of a Couple $    760,500.00 $    650,000.00-$  110,500.00
Partnered - combined $    965,000.00 $    833,500.00-$  131,500.00
Illness Separated - combined $  1,248,000.00 $    975,000.00-$  273,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    516,750.00 $    404,000.00-$  112,750.00
Partnered - combined $    726,000.00 $    590,000.00-$  136,000.00
Illness Separated - combined $    912,000.00 $    683,000.00-$  229,000.00
Non-homeowner Limit 
Not a Member of a Couple $    668,250.00 $    604,000.00-$    64,250.00
Partnered - combined $    877,500.00 $    790,000.00-$    87,500.00
Illness Separated - combined $  1,063,500.00 $    883,000.00-$  180,500.00