| Old rate | New Rate | Difference |
Income support asset limits | 20/03/2016 | 01/07/2016 | |
Assets value limit | | | |
Homeowner | | Limit | |
Single | $205,500.00 | $209,000.00 | $3,500.00 |
Partnered (each) including illness separated and respite care | $145,750.00 | $148,250.00 | $2,500.00 |
Non-homeowner | | Limit | |
Single | $354,500.00 | $360,500.00 | $6,000.00 |
Partnered (each) including illness separated and respite care | $220,250.00 | $224,000.00 | $3,750.00 |
| | | |
Extra allowable amount | | Limit | |
Extra allowable amount | $149,000.00 | $151,500.00 | $2,500.00 |
| | | |
Asset Levels at which SP/AP ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $788,250.00 | $791,750.00 | $3,500.00 |
Partnered - combined | $1,170,000.00 | $1,175,000.00 | $5,000.00 |
Illness Separated - combined | $1,457,000.00 | $1,462,000.00 | $5,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $937,250.00 | $943,250.00 | $6,000.00 |
Partnered - combined | $1,319,000.00 | $1,326,500.00 | $7,500.00 |
Illness Separated - combined | $1,606,000.00 | $1,613,500.00 | $7,500.00 |
| | | |
Asset Levels at which ISS ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $778,750.00 | $782,250.00 | $3,500.00 |
Partnered - combined | $1,156,000.00 | $1,161,000.00 | $5,000.00 |
Illness Separated - combined | $1,438,000.00 | $1,443,000.00 | $5,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $927,750.00 | $933,750.00 | $6,000.00 |
Partnered - combined | $1,305,000.00 | $1,312,500.00 | $7,500.00 |
Illness Separated - combined | $1,587,000.00 | $1,594,500.00 | $7,500.00 |
| | | |
Asset Levels at which SP/AP ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $697,000.00 | $700,500.00 | $3,500.00 |
Partnered - combined | $1,084,500.00 | $1,089,500.00 | $5,000.00 |
Illness Separated - combined | $1,274,500.00 | $1,279,500.00 | $5,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $846,000.00 | $852,000.00 | $6,000.00 |
Partnered - combined | $1,233,500.00 | $1,241,000.00 | $7,500.00 |
Illness Separated - combined | $1,423,500.00 | $1,431,000.00 | $7,500.00 |
| | | |
Asset Levels at which ISS ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $687,750.00 | $691,250.00 | $3,500.00 |
Partnered - combined | $1,070,500.00 | $1,075,500.00 | $5,000.00 |
Illness Separated - combined | $1,256,000.00 | $1,261,000.00 | $5,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $836,750.00 | $842,750.00 | $6,000.00 |
Partnered - combined | $1,219,500.00 | $1,227,000.00 | $7,500.00 |
Illness Separated - combined | $1,405,000.00 | $1,412,500.00 | $7,500.00 |
| | | |
Assets at which minimum payment paid (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $755,500.00 | $759,000.00 | $3,500.00 |
Partnered - combined | $1,121,000.00 | $1,126,000.00 | $5,000.00 |
Illness Separated - combined | $1,391,500.00 | $1,396,500.00 | $5,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $904,500.00 | $910,500.00 | $6,000.00 |
Partnered - combined | $1,270,000.00 | $1,277,500.00 | $7,500.00 |
Illness Separated - combined | $1,540,500.00 | $1,548,000.00 | $7,500.00 |
| | | |
Assets at which minimum payment paid (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $664,500.00 | $668,000.00 | $3,500.00 |
Partnered - combined | $1,035,500.00 | $1,040,500.00 | $5,000.00 |
Illness Separated - combined | $1,209,500.00 | $1,214,500.00 | $5,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $813,500.00 | $819,500.00 | $6,000.00 |
Partnered - combined | $1,184,500.00 | $1,192,000.00 | $7,500.00 |
Illness Separated - combined | $1,358,500.00 | $1,366,000.00 | $7,500.00 |
| | | |
Assets at which ISS reduces (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $604,250.00 | $607,750.00 | $3,500.00 |
Partnered - combined | $806,500.00 | $811,500.00 | $5,000.00 |
Illness Separated - combined | $1,089,000.00 | $1,094,000.00 | $5,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $753,250.00 | $759,250.00 | $6,000.00 |
Partnered - combined | $955,500.00 | $963,000.00 | $7,500.00 |
Illness Separated - combined | $1,238,000.00 | $1,245,500.00 | $7,500.00 |
| | | |
Assets at which ISS reduces (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $513,000.00 | $516,500.00 | $3,500.00 |
Partnered - combined | $721,000.00 | $726,000.00 | $5,000.00 |
Illness Separated - combined | $906,500.00 | $911,500.00 | $5,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $662,000.00 | $668,000.00 | $6,000.00 |
Partnered - combined | $870,000.00 | $877,500.00 | $7,500.00 |
Illness Separated - combined | $1,055,500.00 | $1,063,000.00 | $7,500.00 |