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Income support asset limits 1 July 2016

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 Old rateNew RateDifference
Income support asset limits20/03/201601/07/2016 
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