External
Payment Rate

 

Old rate

New Rate

Difference

Income support asset limits

01/07/2018

20/09/2018

 

Assets value limit

 

 

 

Homeowner

 

Limit

 

Single

$ 258,500.00

$ 258,500.00

$ -

Partnered (each) including illness separated and respite care

$ 193,750.00

$ 193,750.00

$ -

Non-homeowner

 

Limit

 

Single

$ 465,500.00

$ 465,500.00

$ -

Partnered (each) including illness separated and respite care

$ 297,250.00

$ 297,250.00

$ -

 

 

 

 

Extra allowable amount

 

Limit

 

Extra allowable amount

$ 207,000.00

$ 207,000.00

$ -

 

 

 

 

Asset Levels at which SP/AP ceases (non-transitional)

 

 

 

Low Limit

 

Limit

 

Not a Member of a Couple

$ 561,250.00

$ 564,000.00

$ 2,750.00

Partnered - combined

$ 844,000.00

$ 848,000.00

$ 4,000.00

Illness Separated - combined

$ 993,000.00

$ 998,500.00

$ 5,500.00

High Limit (without RA)

 

Limit

 

Not a Member of a Couple

$ 768,250.00

$ 771,000.00

$ 2,750.00

Partnered - combined

$ 1,051,000.00

$ 1,055,000.00

$ 4,000.00

Illness Separated - combined

$ 1,200,000.00

$ 1,205,500.00

$ 5,500.00

 

 

 

 

Asset Levels at which ISS ceases (non-transitional)

 

 

 

Low Limit

 

Limit

 

Not a Member of a Couple

$ 556,500.00

$ 559,250.00

$ 2,750.00

Partnered - combined

$ 836,500.00

$ 841,000.00

$ 4,500.00

Illness Separated - combined

$ 983,500.00

$ 989,000.00

$ 5,500.00

High Limit (without RA)

 

Limit

 

Not a Member of a Couple

$ 763,500.00

$ 766,250.00

$ 2,750.00

Partnered - combined

$ 1,043,500.00

$ 1,048,000.00

$ 4,500.00

Illness Separated - combined

$ 1,190,500.00

$ 1,196,000.00

$ 5,500.00

 

 

 

 

Asset Levels at which SP/AP ceases (transitional)

 

 

 

Low Limit

 

Limit

 

Not a Member of a Couple

$ 512,500.00

$ 514,500.00

$ 2,000.00

Partnered - combined

$ 797,500.00

$ 801,000.00

$ 3,500.00

Illness Separated - combined

$ 895,500.00

$ 899,500.00

$ 4,000.00

High Limit (without RA)

 

Limit

 

Not a Member of a Couple

$ 719,500.00

$ 721,500.00

$ 2,000.00

Partnered - combined

$ 1,004,500.00

$ 1,008,000.00

$ 3,500.00

Illness Separated - combined

$ 1,102,500.00

$ 1,106,500.00

$ 4,000.00

 

 

 

 

Asset Levels at which ISS ceases (transitional)

 

 

 

Low Limit

 

Limit

 

Not a Member of a Couple

$ 508,000.00

$ 510,000.00

$ 2,000.00

Partnered - combined

$ 790,500.00

$ 793,500.00

$ 3,000.00

Illness Separated - combined

$ 886,500.00

$ 890,500.00

$ 4,000.00

High Limit (without RA)

 

Limit

 

Not a Member of a Couple

$ 715,000.00

$ 717,000.00

$ 2,000.00

Partnered - combined

$ 997,500.00

$ 1,000,500.00

$ 3,000.00

Illness Separated - combined

$ 1,093,500.00

$ 1,097,500.00

$ 4,000.00

 

 

 

 

Asset Levels at which VP ceases

 

 

 

Low Limit

 

Limit

 

Not a Member of a Couple

$ 585,750.00

$ 589,000.00

$ 3,250.00

Partnered - combined

$ 897,500.00

$ 902,500.00

$ 5,000.00

Illness Separated - combined

$ 1,042,000.00

$ 1,048,500.00

$ 6,500.00

High Limit (without RA)

 

Limit

 

Not a Member of a Couple

$ 792,750.00

$ 796,000.00

$ 3,250.00

Partnered - combined

$ 1,104,500.00

$ 1,109,500.00

$ 5,000.00

Illness Separated - combined

$ 1,249,000.00

$ 1,255,500.00

$ 6,500.00

 

 

 

 

Assets at which minimum payment paid (non-transitional)

 

 

Homeowner

 

Limit

 

Not a Member of a Couple

$ 544,500.00

$ 547,250.00

$ 2,750.00

Partnered - combined

$ 818,500.00

$ 823,000.00

$ 4,500.00

Illness Separated - combined

$ 959,500.00

$ 965,000.00

$ 5,500.00

Non-homeowner

 

Limit

 

Not a Member of a Couple

$ 751,500.00

$ 754,250.00

$ 2,750.00

Partnered - combined

$ 1,025,500.00

$ 1,030,000.00

$ 4,500.00

Illness Separated - combined

$ 1,166,500.00

$ 1,172,000.00

$ 5,500.00

 

 

 

 

Assets at which minimum payment paid (transitional)

 

 

 

Homeowner

 

Limit

 

Not a Member of a Couple

$ 496,000.00

$ 497,750.00

$ 1,750.00

Partnered - combined

$ 772,500.00

$ 775,500.00

$ 3,000.00

Illness Separated - combined

$ 862,500.00

$ 866,000.00

$ 3,500.00

Non-homeowner

 

Limit

 

Not a Member of a Couple

$ 703,000.00

$ 704,750.00

$ 1,750.00

Partnered - combined

$ 979,500.00

$ 982,500.00

$ 3,000.00

Illness Separated - combined

$ 1,069,500.00

$ 1,073,000.00

$ 3,500.00

 

 

 

 

Assets at which minimum payment paid (veteran payment)

 

 

Homeowner

 

Limit

 

Not a Member of a Couple

$ 573,750.00

$ 576,750.00

$ 3,000.00

Partnered - combined

$ 879,000.00

$ 884,000.00

$ 5,000.00

Illness Separated - combined

$ 1,018,000.00

$ 1,024,000.00

$ 6,000.00

Non-homeowner

 

Limit

 

Not a Member of a Couple

$ 780,750.00

$ 783,750.00

$ 3,000.00

Partnered - combined

$ 1,086,000.00

$ 1,091,000.00

$ 5,000.00

Illness Separated - combined

$ 1,225,000.00

$ 1,231,000.00

$ 6,000.00

 

 

 

 

Assets at which ISS reduces (non-transitional)

 

 

 

Homeowner

 

Limit

 

Not a Member of a Couple

$ 465,500.00

$ 467,500.00

$ 2,000.00

Partnered - combined

$ 655,000.00

$ 657,500.00

$ 2,500.00

Illness Separated - combined

$ 801,500.00

$ 805,500.00

$ 4,000.00

Non-homeowner

 

Limit

 

Not a Member of a Couple

$ 672,500.00

$ 674,500.00

$ 2,000.00

Partnered - combined

$ 862,000.00

$ 864,500.00

$ 2,500.00

Illness Separated - combined

$ 1,008,500.00

$ 1,012,500.00

$ 4,000.00

 

 

 

 

Assets at which ISS reduces (transitional)

 

 

 

Homeowner

 

Limit

 

Not a Member of a Couple

$ 417,000.00

$ 418,000.00

$ 1,000.00

Partnered - combined

$ 609,000.00

$ 610,000.00

$ 1,000.00

Illness Separated - combined

$ 704,500.00

$ 706,500.00

$ 2,000.00

Non-homeowner

 

Limit

 

Not a Member of a Couple

$ 624,000.00

$ 625,000.00

$ 1,000.00

Partnered - combined

$ 816,000.00

$ 817,000.00

$ 1,000.00

Illness Separated - combined

$ 911,500.00

$ 913,500.00

$ 2,000.00