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Income support asset limits

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Assets value limit

Homeowner

Limit

Single

$192,500.00

$192,500.00

$0.00

Partnered (each) including illness separated and respite care

$136,500.00

$136,500.00

$0.00

Non-homeowner

Limit

Single

$332,000.00

$332,000.00

$0.00

Partnered (each) including illness separated and respite care

$206,250.00

$206,250.00

$0.00

Extra allowable amount

Limit

Extra allowable amount

$139,500.00

$139,500.00

$0.00

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

Low Limit

Limit

Not a Member of a Couple

$696,250.00

$707,750.00

$11,500.00

Partnered - combined

$1,032,500.00

$1,050,000.00

$17,500.00

Illness Separated - combined

$1,280,500.00

$1,303,500.00

$23,000.00

High Limit (without RA)

Limit

Not a Member of a Couple

$835,750.00

$847,250.00

$11,500.00

Partnered - combined

$1,172,000.00

$1,189,500.00

$17,500.00

Illness Separated - combined

$1,420,000.00

$1,443,000.00

$23,000.00

Asset Levels at which SP/AP/ISS ceases (transitional)

Low Limit

Limit

Not a Member of a Couple

$640,000.00

$642,750.00

$2,750.00

Partnered - combined

$996,000.00

$1,000,500.00

$4,500.00

Illness Separated - combined

$1,168,000.00

$1,173,500.00

$5,500.00

High Limit (without RA)

Limit

Not a Member of a Couple

$779,500.00

$782,250.00

$2,750.00

Partnered - combined

$1,135,500.00

$1,140,000.00

$4,500.00

Illness Separated - combined

$1,307,500.00

$1,313,000.00

$5,500.00

Assets at which minimum payment paid (non-transitional)

Homeowner

Limit

Not a Member of a Couple

$674,750.00

$686,000.00

$11,250.00

Partnered - combined

$1,000,000.00

$1,017,000.00

$17,000.00

Illness Separated - combined

$1,237,500.00

$1,260,000.00

$22,500.00

Non-homeowner

Limit

Not a Member of a Couple

$814,250.00

$825,500.00

$11,250.00

Partnered - combined

$1,139,500.00

$1,156,500.00

$17,000.00

Illness Separated - combined

$1,377,000.00

$1,399,500.00

$22,500.00

Assets at which minimum payment paid (transitional)

Homeowner

Limit

Not a Member of a Couple

$618,500.00

$621,000.00

$2,500.00

Partnered - combined

$963,500.00

$967,500.00

$4,000.00

Illness Separated - combined

$1,125,000.00

$1,130,000.00

$5,000.00

Non-homeowner

Limit

Not a Member of a Couple

$758,000.00

$760,500.00

$2,500.00

Partnered - combined

$1,103,000.00

$1,107,000.00

$4,000.00

Illness Separated - combined

$1,264,500.00

$1,269,500.00

$5,000.00

Assets at which ISS reduces (non-transitional)

Homeowner

Limit

Not a Member of a Couple

$543,750.00

$551,500.00

$7,750.00

Partnered - combined

$727,500.00

$737,000.00

$9,500.00

Illness Separated - combined

$975,500.00

$991,000.00

$15,500.00

Non-homeowner

Limit

Not a Member of a Couple

$683,250.00

$691,000.00

$7,750.00

Partnered - combined

$867,000.00

$876,500.00

$9,500.00

Illness Separated - combined

$1,115,000.00

$1,130,500.00

$15,500.00

Assets at which ISS reduces (transitional)

Homeowner

Limit

Not a Member of a Couple

$487,500.00

$486,500.00

-$1,000.00

Partnered - combined

$690,500.00

$688,000.00

-$2,500.00

Illness Separated - combined

$863,000.00

$861,000.00

-$2,000.00

Non-homeowner

Limit

Not a Member of a Couple

$627,000.00

$626,000.00

-$1,000.00

Partnered - combined

$830,000.00

$827,500.00

-$2,500.00

Illness Separated - combined

$1,002,500.00

$1,000,500.00

-$2,000.00