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Income support asset limits 1 January 2018

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 Old rateNew RateDifference
Income support asset limits20/09/201701/01/2018 
Assets value limit   
Homeowner Limit 
Single $    253,750.00 $    253,750.00 $               -  
Partnered (each) including illness separated and respite care $    190,250.00 $    190,250.00 $               -  
Non-homeowner Limit 
Single $    456,750.00 $    456,750.00 $               -  
Partnered (each) including illness separated and respite care $    291,750.00 $    291,750.00 $               -  
    
Extra allowable amount Limit 
Extra allowable amount $    203,000.00 $    203,000.00 $               -  
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    552,000.00 $    552,000.00 $               -  
Partnered - combined $    830,000.00 $    830,000.00 $               -  
Illness Separated - combined $    977,000.00 $    977,000.00 $               -  
High Limit (without RA) Limit 
Not a Member of a Couple $    755,000.00 $    755,000.00 $               -  
Partnered - combined $  1,033,000.00 $  1,033,000.00 $               -  
Illness Separated - combined $  1,180,000.00 $  1,180,000.00 $               -  
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    547,250.00 $    547,250.00 $               -  
Partnered - combined $    823,000.00 $    823,000.00 $               -  
Illness Separated - combined $    967,500.00 $    967,500.00 $               -  
High Limit (without RA) Limit 
Not a Member of a Couple $    750,250.00 $    750,250.00 $               -  
Partnered - combined $  1,026,000.00 $  1,026,000.00 $               -  
Illness Separated - combined $  1,170,500.00 $  1,170,500.00 $               -  
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    504,750.00 $    504,750.00 $               -  
Partnered - combined $    785,500.00 $    785,500.00 $               -  
Illness Separated - combined $    882,500.00 $    882,500.00 $               -  
High Limit (without RA) Limit 
Not a Member of a Couple $    707,750.00 $    707,750.00 $               -  
Partnered - combined $    988,500.00 $    988,500.00 $               -  
Illness Separated - combined $  1,085,500.00 $  1,085,500.00 $               -  
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    500,000.00 $    500,000.00 $               -  
Partnered - combined $    778,500.00 $    778,500.00 $               -  
Illness Separated - combined $    873,000.00 $    873,000.00 $               -  
High Limit (without RA) Limit 
Not a Member of a Couple $    703,000.00 $    703,000.00 $               -  
Partnered - combined $    981,500.00 $    981,500.00 $               -  
Illness Separated - combined $  1,076,000.00 $  1,076,000.00 $               -  
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    535,500.00 $    535,500.00 $               -  
Partnered - combined $    805,000.00 $    805,000.00 $               -  
Illness Separated - combined $    944,000.00 $    944,000.00 $               -  
Non-homeowner Limit 
Not a Member of a Couple $    738,500.00 $    738,500.00 $               -  
Partnered - combined $  1,008,000.00 $  1,008,000.00 $               -  
Illness Separated - combined $  1,147,000.00 $  1,147,000.00 $               -  
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    488,000.00 $    488,000.00 $               -  
Partnered - combined $    760,500.00 $    760,500.00 $               -  
Illness Separated - combined $    849,000.00 $    849,000.00 $               -  
Non-homeowner Limit 
Not a Member of a Couple $    691,000.00 $    691,000.00 $               -  
Partnered - combined $    963,500.00 $    963,500.00 $               -  
Illness Separated - combined $  1,052,000.00 $  1,052,000.00 $               -  
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    457,750.00 $    457,750.00 $               -  
Partnered - combined $    644,000.00 $    644,000.00 $               -  
Illness Separated - combined $    788,500.00 $    788,500.00 $               -  
Non-homeowner Limit 
Not a Member of a Couple $    660,750.00 $    660,750.00 $               -  
Partnered - combined $    847,000.00 $    847,000.00 $               -  
Illness Separated - combined $    991,500.00 $    991,500.00 $               -  
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    410,500.00 $    410,500.00 $               -  
Partnered - combined $    599,500.00 $    599,500.00 $               -  
Illness Separated - combined $    694,000.00 $    694,000.00 $               -  
Non-homeowner Limit 
Not a Member of a Couple $    613,500.00 $    613,500.00 $               -  
Partnered - combined $    802,500.00 $    802,500.00 $               -  
Illness Separated - combined $    897,000.00 $    897,000.00 $               -