| Old rate | New Rate | Difference |
Income support asset limits | 20/03/2020 | 01/07/2020 | |
Assets value limit | | | |
Homeowner | | Limit | |
Single | $ 263,250.00 | $ 268,000.00 | $ 4,750.00 |
Partnered (each) including illness separated and respite care | $ 197,250.00 | $ 200,750.00 | $ 3,500.00 |
Non-homeowner | | Limit | |
Single | $ 473,750.00 | $ 482,500.00 | $ 8,750.00 |
Partnered (each) including illness separated and respite care | $ 302,500.00 | $ 308,000.00 | $ 5,500.00 |
| | | |
Extra allowable amount | | Limit | |
Extra allowable amount | $ 210,500.00 | $ 214,500.00 | $ 4,000.00 |
| | | |
Asset Levels at which SP/AP ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 578,250.00 | $ 583,000.00 | $ 4,750.00 |
Partnered - combined | $ 869,500.00 | $ 876,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,024,500.00 | $ 1,031,500.00 | $ 7,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 788,750.00 | $ 797,500.00 | $ 8,750.00 |
Partnered - combined | $ 1,080,000.00 | $ 1,091,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,235,000.00 | $ 1,246,000.00 | $ 11,000.00 |
| | | |
Asset Levels at which ISS ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 573,500.00 | $ 578,250.00 | $ 4,750.00 |
Partnered - combined | $ 862,000.00 | $ 869,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,015,000.00 | $ 1,022,000.00 | $ 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 | $ 1,072,500.00 | $ 1,083,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,225,500.00 | $ 1,236,500.00 | $ 11,000.00 |
| | | |
Asset Levels at which SP/AP ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 526,500.00 | $ 531,250.00 | $ 4,750.00 |
Partnered - combined | $ 819,500.00 | $ 826,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 921,000.00 | $ 928,000.00 | $ 7,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 737,000.00 | $ 745,750.00 | $ 8,750.00 |
Partnered - combined | $ 1,030,000.00 | $ 1,041,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,131,500.00 | $ 1,142,500.00 | $ 11,000.00 |
| | | |
Asset Levels at which ISS ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 521,750.00 | $ 526,500.00 | $ 4,750.00 |
Partnered - combined | $ 812,000.00 | $ 819,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 911,500.00 | $ 918,500.00 | $ 7,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 732,250.00 | $ 741,000.00 | $ 8,750.00 |
Partnered - combined | $ 1,022,500.00 | $ 1,033,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,122,000.00 | $ 1,133,000.00 | $ 11,000.00 |
| | | |
Asset Levels at which VP ceases | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 604,000.00 | $ 608,750.00 | $ 4,750.00 |
Partnered - combined | $ 925,500.00 | $ 932,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,076,000.00 | $ 1,083,000.00 | $ 7,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 814,500.00 | $ 823,250.00 | $ 8,750.00 |
Partnered - combined | $ 1,136,000.00 | $ 1,147,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,286,500.00 | $ 1,297,500.00 | $ 11,000.00 |
| | | |
Assets at which minimum payment paid (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 561,000.00 | $ 565,750.00 | $ 4,750.00 |
Partnered - combined | $ 843,500.00 | $ 850,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 990,000.00 | $ 997,000.00 | $ 7,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 771,500.00 | $ 780,250.00 | $ 8,750.00 |
Partnered - combined | $ 1,054,000.00 | $ 1,065,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,200,500.00 | $ 1,211,500.00 | $ 11,000.00 |
| | | |
Assets at which minimum payment paid (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 509,250.00 | $ 514,000.00 | $ 4,750.00 |
Partnered - combined | $ 793,500.00 | $ 800,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 886,500.00 | $ 893,500.00 | $ 7,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 719,750.00 | $ 728,500.00 | $ 8,750.00 |
Partnered - combined | $ 1,004,000.00 | $ 1,015,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,097,000.00 | $ 1,108,000.00 | $ 11,000.00 |
| | | |
Assets at which minimum payment paid (veteran payment) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 591,500.00 | $ 596,250.00 | $ 4,750.00 |
Partnered - combined | $ 907,000.00 | $ 914,000.00 | $ 7,000.00 |
Illness Separated - combined | $ 1,051,000.00 | $ 1,058,000.00 | $ 7,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 802,000.00 | $ 810,750.00 | $ 8,750.00 |
Partnered - combined | $ 1,117,500.00 | $ 1,128,500.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,261,500.00 | $ 1,272,500.00 | $ 11,000.00 |
| | | |
Assets at which ISS reduces (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 478,750.00 | $ 483,500.00 | $ 4,750.00 |
Partnered - combined | $ 672,500.00 | $ 679,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 825,500.00 | $ 832,500.00 | $ 7,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 689,250.00 | $ 698,000.00 | $ 8,750.00 |
Partnered - combined | $ 883,000.00 | $ 894,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 1,036,000.00 | $ 1,047,000.00 | $ 11,000.00 |
| | | |
Assets at which ISS reduces (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 427,000.00 | $ 431,750.00 | $ 4,750.00 |
Partnered - combined | $ 622,500.00 | $ 629,500.00 | $ 7,000.00 |
Illness Separated - combined | $ 722,000.00 | $ 729,000.00 | $ 7,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 637,500.00 | $ 646,250.00 | $ 8,750.00 |
Partnered - combined | $ 833,000.00 | $ 844,000.00 | $ 11,000.00 |
Illness Separated - combined | $ 932,500.00 | $ 943,500.00 | $ 11,000.00 |