| Old rate | New Rate | Difference |
Income support asset limits | 20/09/2019 | 01/01/2020 | |
Assets value limit | | | |
Homeowner | | Limit | |
Single | $ 263,250.00 | $ 263,250.00 | $ - |
Partnered (each) including illness separated and respite care | $ 197,250.00 | $ 197,250.00 | $ - |
Non-homeowner | | Limit | |
Single | $ 473,750.00 | $ 473,750.00 | $ - |
Partnered (each) including illness separated and respite care | $ 302,500.00 | $ 302,500.00 | $ - |
| | | |
Extra allowable amount | | Limit | |
Extra allowable amount | $ 210,500.00 | $ 210,500.00 | $ - |
| | | |
Asset Levels at which SP/AP ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 574,500.00 | $ 574,500.00 | $ - |
Partnered - combined | $ 863,500.00 | $ 863,500.00 | $ - |
Illness Separated - combined | $ 1,017,000.00 | $ 1,017,000.00 | $ - |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 785,000.00 | $ 785,000.00 | $ - |
Partnered - combined | $ 1,074,000.00 | $ 1,074,000.00 | $ - |
Illness Separated - combined | $ 1,227,500.00 | $ 1,227,500.00 | $ - |
| | | |
Asset Levels at which ISS ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 569,750.00 | $ 569,750.00 | $ - |
Partnered - combined | $ 856,500.00 | $ 856,500.00 | $ - |
Illness Separated - combined | $ 1,007,500.00 | $ 1,007,500.00 | $ - |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 780,250.00 | $ 780,250.00 | $ - |
Partnered - combined | $ 1,067,000.00 | $ 1,067,000.00 | $ - |
Illness Separated - combined | $ 1,218,000.00 | $ 1,218,000.00 | $ - |
| | | |
Asset Levels at which SP/AP ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 523,500.00 | $ 523,500.00 | $ - |
Partnered - combined | $ 814,500.00 | $ 814,500.00 | $ - |
Illness Separated - combined | $ 915,000.00 | $ 915,000.00 | $ - |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 734,000.00 | $ 734,000.00 | $ - |
Partnered - combined | $ 1,025,000.00 | $ 1,025,000.00 | $ - |
Illness Separated - combined | $ 1,125,500.00 | $ 1,125,500.00 | $ - |
| | | |
Asset Levels at which ISS ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 518,750.00 | $ 518,750.00 | $ - |
Partnered - combined | $ 807,500.00 | $ 807,500.00 | $ - |
Illness Separated - combined | $ 905,500.00 | $ 905,500.00 | $ - |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 729,250.00 | $ 729,250.00 | $ - |
Partnered - combined | $ 1,018,000.00 | $ 1,018,000.00 | $ - |
Illness Separated - combined | $ 1,116,000.00 | $ 1,116,000.00 | $ - |
| | | |
Asset Levels at which VP ceases | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 600,000.00 | $ 600,000.00 | $ - |
Partnered - combined | $ 919,000.00 | $ 919,000.00 | $ - |
Illness Separated - combined | $ 1,068,000.00 | $ 1,068,000.00 | $ - |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 810,500.00 | $ 810,500.00 | $ - |
Partnered - combined | $ 1,129,500.00 | $ 1,129,500.00 | $ - |
Illness Separated - combined | $ 1,278,500.00 | $ 1,278,500.00 | $ - |
| | | |
Assets at which minimum payment paid (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 557,500.00 | $ 557,500.00 | $ - |
Partnered - combined | $ 838,000.00 | $ 838,000.00 | $ - |
Illness Separated - combined | $ 983,000.00 | $ 983,000.00 | $ - |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 768,000.00 | $ 768,000.00 | $ - |
Partnered - combined | $ 1,048,500.00 | $ 1,048,500.00 | $ - |
Illness Separated - combined | $ 1,193,500.00 | $ 1,193,500.00 | $ - |
| | | |
Assets at which minimum payment paid (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 506,250.00 | $ 506,250.00 | $ - |
Partnered - combined | $ 788,500.00 | $ 788,500.00 | $ - |
Illness Separated - combined | $ 880,500.00 | $ 880,500.00 | $ - |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 716,750.00 | $ 716,750.00 | $ - |
Partnered - combined | $ 999,000.00 | $ 999,000.00 | $ - |
Illness Separated - combined | $ 1,091,000.00 | $ 1,091,000.00 | $ - |
| | | |
Assets at which minimum payment paid (veteran payment) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 587,750.00 | $ 587,750.00 | $ - |
Partnered - combined | $ 900,500.00 | $ 900,500.00 | $ - |
Illness Separated - combined | $ 1,043,500.00 | $ 1,043,500.00 | $ - |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 798,250.00 | $ 798,250.00 | $ - |
Partnered - combined | $ 1,111,000.00 | $ 1,111,000.00 | $ - |
Illness Separated - combined | $ 1,254,000.00 | $ 1,254,000.00 | $ - |
| | | |
Assets at which ISS reduces (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 476,250.00 | $ 476,250.00 | $ - |
Partnered - combined | $ 669,500.00 | $ 669,500.00 | $ - |
Illness Separated - combined | $ 820,500.00 | $ 820,500.00 | $ - |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 686,750.00 | $ 686,750.00 | $ - |
Partnered - combined | $ 880,000.00 | $ 880,000.00 | $ - |
Illness Separated - combined | $ 1,031,000.00 | $ 1,031,000.00 | $ - |
| | | |
Assets at which ISS reduces (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 425,000.00 | $ 425,000.00 | $ - |
Partnered - combined | $ 620,000.00 | $ 620,000.00 | $ - |
Illness Separated - combined | $ 718,000.00 | $ 718,000.00 | $ - |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 635,500.00 | $ 635,500.00 | $ - |
Partnered - combined | $ 830,500.00 | $ 830,500.00 | $ - |
Illness Separated - combined | $ 928,500.00 | $ 928,500.00 | $ - |