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Income support asset limits 1 July 2018

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 Old rateNew RateDifference
Income support asset limits20/03/201801/07/2018 
Assets value limit   
Homeowner Limit 
Single $    253,750.00 $    258,500.00 $      4,750.00
Partnered (each) including illness separated and respite care $    190,250.00 $    193,750.00 $      3,500.00
Non-homeowner Limit 
Single $    456,750.00 $    465,500.00 $      8,750.00
Partnered (each) including illness separated and respite care $    291,750.00 $    297,250.00 $      5,500.00
    
Extra allowable amount Limit 
Extra allowable amount $    203,000.00 $    207,000.00 $      4,000.00
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    556,500.00 $    561,250.00 $      4,750.00
Partnered - combined $    837,000.00 $    844,000.00 $      7,000.00
Illness Separated - combined $    986,000.00 $    993,000.00 $      7,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    759,500.00 $    768,250.00 $      8,750.00
Partnered - combined $  1,040,000.00 $  1,051,000.00 $    11,000.00
Illness Separated - combined $  1,189,000.00 $  1,200,000.00 $    11,000.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    551,750.00 $    556,500.00 $      4,750.00
Partnered - combined $    829,500.00 $    836,500.00 $      7,000.00
Illness Separated - combined $    976,500.00 $    983,500.00 $      7,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    754,750.00 $    763,500.00 $      8,750.00
Partnered - combined $  1,032,500.00 $  1,043,500.00 $    11,000.00
Illness Separated - combined $  1,179,500.00 $  1,190,500.00 $    11,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    507,750.00 $    512,500.00 $      4,750.00
Partnered - combined $    790,500.00 $    797,500.00 $      7,000.00
Illness Separated - combined $    888,500.00 $    895,500.00 $      7,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    710,750.00 $    719,500.00 $      8,750.00
Partnered - combined $    993,500.00 $  1,004,500.00 $    11,000.00
Illness Separated - combined $  1,091,500.00 $  1,102,500.00 $    11,000.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    503,250.00 $    508,000.00 $      4,750.00
Partnered - combined $    783,500.00 $    790,500.00 $      7,000.00
Illness Separated - combined $    879,500.00 $    886,500.00 $      7,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    706,250.00 $    715,000.00 $      8,750.00
Partnered - combined $    986,500.00 $    997,500.00 $    11,000.00
Illness Separated - combined $  1,082,500.00 $  1,093,500.00 $    11,000.00
    
Asset Levels at which VP ceases   
Low Limit Limit 
Not a Member of a Couple $    581,000.00 $    585,750.00 $      4,750.00
Partnered - combined $    890,500.00 $    897,500.00 $      7,000.00
Illness Separated - combined $  1,035,000.00 $  1,042,000.00 $      7,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    784,000.00 $    792,750.00 $      8,750.00
Partnered - combined $  1,093,500.00 $  1,104,500.00 $    11,000.00
Illness Separated - combined $  1,238,000.00 $  1,249,000.00 $    11,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    539,750.00 $    544,500.00 $      4,750.00
Partnered - combined $    811,500.00 $    818,500.00 $      7,000.00
Illness Separated - combined $    952,500.00 $    959,500.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $    742,750.00 $    751,500.00 $      8,750.00
Partnered - combined $  1,014,500.00 $  1,025,500.00 $    11,000.00
Illness Separated - combined $  1,155,500.00 $  1,166,500.00 $    11,000.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    491,250.00 $    496,000.00 $      4,750.00
Partnered - combined $    765,500.00 $    772,500.00 $      7,000.00
Illness Separated - combined $    855,500.00 $    862,500.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $    694,250.00 $    703,000.00 $      8,750.00
Partnered - combined $    968,500.00 $    979,500.00 $    11,000.00
Illness Separated - combined $  1,058,500.00 $  1,069,500.00 $    11,000.00
    
Assets at which minimum payment paid (veteran payment)   
Homeowner Limit 
Not a Member of a Couple $    569,000.00 $    573,750.00 $      4,750.00
Partnered - combined $    872,000.00 $    879,000.00 $      7,000.00
Illness Separated - combined $  1,011,000.00 $  1,018,000.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $    772,000.00 $    780,750.00 $      8,750.00
Partnered - combined $  1,075,000.00 $  1,086,000.00 $    11,000.00
Illness Separated - combined $  1,214,000.00 $  1,225,000.00 $    11,000.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    460,750.00 $    465,500.00 $      4,750.00
Partnered - combined $    648,000.00 $    655,000.00 $      7,000.00
Illness Separated - combined $    794,500.00 $    801,500.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $    663,750.00 $    672,500.00 $      8,750.00
Partnered - combined $    851,000.00 $    862,000.00 $    11,000.00
Illness Separated - combined $    997,500.00 $  1,008,500.00 $    11,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    412,250.00 $    417,000.00 $      4,750.00
Partnered - combined $    602,000.00 $    609,000.00 $      7,000.00
Illness Separated - combined $    697,500.00 $    704,500.00 $      7,000.00
Non-homeowner Limit 
Not a Member of a Couple $    615,250.00 $    624,000.00 $      8,750.00
Partnered - combined $    805,000.00 $    816,000.00 $    11,000.00
Illness Separated - combined $    900,500.00 $    911,500.00 $    11,000.00