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Income support asset limits 20 September 2022

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 Old rateNew RateDifference
Income support asset limits01/07/202220/09/2022 
Assets value limit   
Homeowner Limit 
Single $      280,000.00 $      280,000.00 $                    -  
Partnered (each) including illness separated and respite care $      209,500.00 $      209,500.00 $                    -  
Non-homeowner Limit 
Single $      504,500.00 $      504,500.00 $                    -  
Partnered (each) including illness separated and respite care $      321,750.00 $      321,750.00 $                    -  
    
Extra allowable amount Limit 
Extra allowable amount $      224,500.00 $      224,500.00 $                    -  
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $      609,250.00 $      622,250.00 $      13,000.00
Partnered - combined $      915,500.00 $      935,000.00 $      19,500.00
Illness Separated - combined $   1,077,500.00 $   1,103,500.00 $      26,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $      833,750.00 $      846,750.00 $      13,000.00
Partnered - combined $   1,140,000.00 $   1,159,500.00 $      19,500.00
Illness Separated - combined $   1,302,000.00 $   1,328,000.00 $      26,000.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $      604,500.00 $      617,500.00 $      13,000.00
Partnered - combined $      908,500.00 $      928,000.00 $      19,500.00
Illness Separated - combined $   1,068,000.00 $   1,094,000.00 $      26,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $      829,000.00 $      842,000.00 $      13,000.00
Partnered - combined $   1,133,000.00 $   1,152,500.00 $      19,500.00
Illness Separated - combined $   1,292,500.00 $   1,318,500.00 $      26,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $      554,750.00 $      565,500.00 $      10,750.00
Partnered - combined $      862,500.00 $      880,000.00 $      17,500.00
Illness Separated - combined $      968,500.00 $      990,000.00 $      21,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $      779,250.00 $      790,000.00 $      10,750.00
Partnered - combined $   1,087,000.00 $   1,104,500.00 $      17,500.00
Illness Separated - combined $   1,193,000.00 $   1,214,500.00 $      21,500.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $      550,000.00 $      561,000.00 $      11,000.00
Partnered - combined $      855,500.00 $      873,000.00 $      17,500.00
Illness Separated - combined $      959,000.00 $      981,000.00 $      22,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $      774,500.00 $      785,500.00 $      11,000.00
Partnered - combined $   1,080,000.00 $   1,097,500.00 $      17,500.00
Illness Separated - combined $   1,183,500.00 $   1,205,500.00 $      22,000.00
    
Asset Levels at which VP ceases   
Low Limit Limit 
Not a Member of a Couple $      636,500.00 $      651,000.00 $      14,500.00
Partnered - combined $      975,000.00 $      997,500.00 $      22,500.00
Illness Separated - combined $   1,132,000.00 $   1,161,000.00 $      29,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $      861,000.00 $      875,500.00 $      14,500.00
Partnered - combined $   1,199,500.00 $   1,222,000.00 $      22,500.00
Illness Separated - combined $   1,356,500.00 $   1,385,500.00 $      29,000.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $      591,500.00 $      604,000.00 $      12,500.00
Partnered - combined $      889,000.00 $      907,500.00 $      18,500.00
Illness Separated - combined $   1,042,000.00 $   1,067,000.00 $      25,000.00
Non-homeowner Limit 
Not a Member of a Couple $      816,000.00 $      828,500.00 $      12,500.00
Partnered - combined $   1,113,500.00 $   1,132,000.00 $      18,500.00
Illness Separated - combined $   1,266,500.00 $   1,291,500.00 $      25,000.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $      537,000.00 $      547,250.00 $      10,250.00
Partnered - combined $      835,500.00 $      852,500.00 $      17,000.00
Illness Separated - combined $      933,000.00 $      953,500.00 $      20,500.00
Non-homeowner Limit 
Not a Member of a Couple $      761,500.00 $      771,750.00 $      10,250.00
Partnered - combined $   1,060,000.00 $   1,077,000.00 $      17,000.00
Illness Separated - combined $   1,157,500.00 $   1,178,000.00 $      20,500.00
    
Assets at which minimum payment paid (veteran payment)   
Homeowner Limit 
Not a Member of a Couple $      623,500.00 $      637,250.00 $      13,750.00
Partnered - combined $      955,500.00 $      977,000.00 $      21,500.00
Illness Separated - combined $   1,106,000.00 $   1,133,500.00 $      27,500.00
Non-homeowner Limit 
Not a Member of a Couple $      848,000.00 $      861,750.00 $      13,750.00
Partnered - combined $   1,180,000.00 $   1,201,500.00 $      21,500.00
Illness Separated - combined $   1,330,500.00 $   1,358,000.00 $      27,500.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $      505,500.00 $      514,500.00 $        9,000.00
Partnered - combined $      710,000.00 $      721,500.00 $      11,500.00
Illness Separated - combined $      870,000.00 $      888,000.00 $      18,000.00
Non-homeowner Limit 
Not a Member of a Couple $      730,000.00 $      739,000.00 $        9,000.00
Partnered - combined $      934,500.00 $      946,000.00 $      11,500.00
Illness Separated - combined $   1,094,500.00 $   1,112,500.00 $      18,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $      451,000.00 $      457,750.00 $        6,750.00
Partnered - combined $      657,000.00 $      666,500.00 $        9,500.00
Illness Separated - combined $      761,000.00 $      774,500.00 $      13,500.00
Non-homeowner Limit 
Not a Member of a Couple $      675,500.00 $      682,250.00 $        6,750.00
Partnered - combined $      881,500.00 $      891,000.00 $        9,500.00
Illness Separated - combined $      985,500.00 $      999,000.00 $      13,500.00