| Old rate | New Rate | Difference |
Income support asset limits | 01/01/2021 | 20/03/2021 | |
Assets value limit | | | |
Homeowner | | Limit | |
Single | $ 268,000.00 | $ 268,000.00 | $ - |
Partnered (each) including illness separated and respite care | $ 200,750.00 | $ 200,750.00 | $ - |
Non-homeowner | | Limit | |
Single | $ 482,500.00 | $ 482,500.00 | $ - |
Partnered (each) including illness separated and respite care | $ 308,000.00 | $ 308,000.00 | $ - |
| | | |
Extra allowable amount | | Limit | |
Extra allowable amount | $ 214,500.00 | $ 214,500.00 | $ - |
| | | |
Asset Levels at which SP/AP ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 583,000.00 | $ 585,750.00 | $ 2,750.00 |
Partnered - combined | $ 876,500.00 | $ 880,500.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,031,500.00 | $ 1,037,000.00 | $ 5,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 797,500.00 | $ 800,250.00 | $ 2,750.00 |
Partnered - combined | $ 1,091,000.00 | $ 1,095,000.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,246,000.00 | $ 1,251,500.00 | $ 5,500.00 |
| | | |
Asset Levels at which ISS ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 578,250.00 | $ 581,000.00 | $ 2,750.00 |
Partnered - combined | $ 869,000.00 | $ 873,500.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,022,000.00 | $ 1,027,500.00 | $ 5,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 792,750.00 | $ 795,500.00 | $ 2,750.00 |
Partnered - combined | $ 1,083,500.00 | $ 1,088,000.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,236,500.00 | $ 1,242,000.00 | $ 5,500.00 |
| | | |
Asset Levels at which SP/AP ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 531,250.00 | $ 533,500.00 | $ 2,250.00 |
Partnered - combined | $ 826,500.00 | $ 830,000.00 | $ 3,500.00 |
Illness Separated - combined | $ 928,000.00 | $ 932,500.00 | $ 4,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 745,750.00 | $ 748,000.00 | $ 2,250.00 |
Partnered - combined | $ 1,041,000.00 | $ 1,044,500.00 | $ 3,500.00 |
Illness Separated - combined | $ 1,142,500.00 | $ 1,147,000.00 | $ 4,500.00 |
| | | |
Asset Levels at which ISS ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 526,500.00 | $ 528,750.00 | $ 2,250.00 |
Partnered - combined | $ 819,000.00 | $ 823,000.00 | $ 4,000.00 |
Illness Separated - combined | $ 918,500.00 | $ 923,000.00 | $ 4,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 741,000.00 | $ 743,250.00 | $ 2,250.00 |
Partnered - combined | $ 1,033,500.00 | $ 1,037,500.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,133,000.00 | $ 1,137,500.00 | $ 4,500.00 |
| | | |
Asset Levels at which VP ceases | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $ 608,750.00 | $ 611,750.00 | $ 3,000.00 |
Partnered - combined | $ 932,500.00 | $ 937,500.00 | $ 5,000.00 |
Illness Separated - combined | $ 1,083,000.00 | $ 1,089,000.00 | $ 6,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $ 823,250.00 | $ 826,250.00 | $ 3,000.00 |
Partnered - combined | $ 1,147,000.00 | $ 1,152,000.00 | $ 5,000.00 |
Illness Separated - combined | $ 1,297,500.00 | $ 1,303,500.00 | $ 6,000.00 |
| | | |
Assets at which minimum payment paid (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 565,750.00 | $ 568,500.00 | $ 2,750.00 |
Partnered - combined | $ 850,500.00 | $ 854,500.00 | $ 4,000.00 |
Illness Separated - combined | $ 997,000.00 | $ 1,002,500.00 | $ 5,500.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 780,250.00 | $ 783,000.00 | $ 2,750.00 |
Partnered - combined | $ 1,065,000.00 | $ 1,069,000.00 | $ 4,000.00 |
Illness Separated - combined | $ 1,211,500.00 | $ 1,217,000.00 | $ 5,500.00 |
| | | |
Assets at which minimum payment paid (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 514,000.00 | $ 516,250.00 | $ 2,250.00 |
Partnered - combined | $ 800,500.00 | $ 804,000.00 | $ 3,500.00 |
Illness Separated - combined | $ 893,500.00 | $ 898,000.00 | $ 4,500.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 728,500.00 | $ 730,750.00 | $ 2,250.00 |
Partnered - combined | $ 1,015,000.00 | $ 1,018,500.00 | $ 3,500.00 |
Illness Separated - combined | $ 1,108,000.00 | $ 1,112,500.00 | $ 4,500.00 |
| | | |
Assets at which minimum payment paid (veteran payment) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 596,250.00 | $ 599,250.00 | $ 3,000.00 |
Partnered - combined | $ 914,000.00 | $ 918,500.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,058,000.00 | $ 1,064,000.00 | $ 6,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 810,750.00 | $ 813,750.00 | $ 3,000.00 |
Partnered - combined | $ 1,128,500.00 | $ 1,133,000.00 | $ 4,500.00 |
Illness Separated - combined | $ 1,272,500.00 | $ 1,278,500.00 | $ 6,000.00 |
| | | |
Assets at which ISS reduces (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 483,500.00 | $ 485,500.00 | $ 2,000.00 |
Partnered - combined | $ 679,500.00 | $ 682,000.00 | $ 2,500.00 |
Illness Separated - combined | $ 832,500.00 | $ 836,500.00 | $ 4,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 698,000.00 | $ 700,000.00 | $ 2,000.00 |
Partnered - combined | $ 894,000.00 | $ 896,500.00 | $ 2,500.00 |
Illness Separated - combined | $ 1,047,000.00 | $ 1,051,000.00 | $ 4,000.00 |
| | | |
Assets at which ISS reduces (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $ 431,750.00 | $ 433,250.00 | $ 1,500.00 |
Partnered - combined | $ 629,500.00 | $ 631,500.00 | $ 2,000.00 |
Illness Separated - combined | $ 729,000.00 | $ 732,000.00 | $ 3,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $ 646,250.00 | $ 647,750.00 | $ 1,500.00 |
Partnered - combined | $ 844,000.00 | $ 846,000.00 | $ 2,000.00 |
Illness Separated - combined | $ 943,500.00 | $ 946,500.00 | $ 3,000.00 |