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Income support asset limits 1 July 2023
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| Old rate | New Rate | Difference | |
| Income support asset limits | 20/03/2023 | 01/07/2023 | |
| Assets value limit | |||
| Homeowner | Limit | ||
| Single | $ 280,000.00 | $ 301,750.00 | $ 21,750.00 |
| Partnered (each) including illness separated and respite care | $ 209,500.00 | $ 225,750.00 | $ 16,250.00 |
| Non-homeowner | Limit | ||
| Single | $ 504,500.00 | $ 543,750.00 | $ 39,250.00 |
| Partnered (each) including illness separated and respite care | $ 321,750.00 | $ 346,750.00 | $ 25,000.00 |
| Extra allowable amount | Limit | ||
| Extra allowable amount | $ 224,500.00 | $ 242,000.00 | $ 17,500.00 |
| Asset Levels at which SP/AP ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 634,750.00 | $ 656,500.00 | $ 21,750.00 |
| Partnered - combined | $ 954,000.00 | $ 986,500.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,128,500.00 | $ 1,161,000.00 | $ 32,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 859,250.00 | $ 898,500.00 | $ 39,250.00 |
| Partnered - combined | $ 1,178,500.00 | $ 1,228,500.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,353,000.00 | $ 1,403,000.00 | $ 50,000.00 |
| Asset Levels at which ISS ceases (non-transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 630,000.00 | $ 651,750.00 | $ 21,750.00 |
| Partnered - combined | $ 947,000.00 | $ 979,500.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,119,000.00 | $ 1,151,500.00 | $ 32,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 854,500.00 | $ 893,750.00 | $ 39,250.00 |
| Partnered - combined | $ 1,171,500.00 | $ 1,221,500.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,343,500.00 | $ 1,393,500.00 | $ 50,000.00 |
| Asset Levels at which SP/AP ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 576,000.00 | $ 597,750.00 | $ 21,750.00 |
| Partnered - combined | $ 896,500.00 | $ 929,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,011,000.00 | $ 1,043,500.00 | $ 32,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 800,500.00 | $ 839,750.00 | $ 39,250.00 |
| Partnered - combined | $ 1,121,000.00 | $ 1,171,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,235,500.00 | $ 1,285,500.00 | $ 50,000.00 |
| Asset Levels at which ISS ceases (transitional) | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 571,250.00 | $ 593,000.00 | $ 21,750.00 |
| Partnered - combined | $ 889,500.00 | $ 922,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,001,500.00 | $ 1,034,000.00 | $ 32,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 795,750.00 | $ 835,000.00 | $ 39,250.00 |
| Partnered - combined | $ 1,114,000.00 | $ 1,164,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,226,000.00 | $ 1,276,000.00 | $ 50,000.00 |
| Asset Levels at which VP ceases | |||
| Low Limit | Limit | ||
| Not a Member of a Couple | $ 664,500.00 | $ 686,250.00 | $ 21,750.00 |
| Partnered - combined | $ 1,019,000.00 | $ 1,051,500.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,188,000.00 | $ 1,220,500.00 | $ 32,500.00 |
| High Limit (without RA) | Limit | ||
| Not a Member of a Couple | $ 889,000.00 | $ 928,250.00 | $ 39,250.00 |
| Partnered - combined | $ 1,243,500.00 | $ 1,293,500.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,412,500.00 | $ 1,462,500.00 | $ 50,000.00 |
| Assets at which minimum payment paid (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 616,000.00 | $ 637,750.00 | $ 21,750.00 |
| Partnered - combined | $ 925,500.00 | $ 958,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,091,000.00 | $ 1,123,500.00 | $ 32,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 840,500.00 | $ 879,750.00 | $ 39,250.00 |
| Partnered - combined | $ 1,150,000.00 | $ 1,200,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,315,500.00 | $ 1,365,500.00 | $ 50,000.00 |
| Assets at which minimum payment paid (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 557,250.00 | $ 579,000.00 | $ 21,750.00 |
| Partnered - combined | $ 868,500.00 | $ 901,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 973,500.00 | $ 1,006,000.00 | $ 32,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 781,750.00 | $ 821,000.00 | $ 39,250.00 |
| Partnered - combined | $ 1,093,000.00 | $ 1,143,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,198,000.00 | $ 1,248,000.00 | $ 50,000.00 |
| Assets at which minimum payment paid (veteran payment) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 650,500.00 | $ 672,250.00 | $ 21,750.00 |
| Partnered - combined | $ 997,500.00 | $ 1,030,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 1,160,000.00 | $ 1,192,500.00 | $ 32,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 875,000.00 | $ 914,250.00 | $ 39,250.00 |
| Partnered - combined | $ 1,222,000.00 | $ 1,272,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,384,500.00 | $ 1,434,500.00 | $ 50,000.00 |
| Assets at which ISS reduces (non-transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 523,000.00 | $ 544,750.00 | $ 21,750.00 |
| Partnered - combined | $ 733,000.00 | $ 765,500.00 | $ 32,500.00 |
| Illness Separated - combined | $ 905,000.00 | $ 937,500.00 | $ 32,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 747,500.00 | $ 786,750.00 | $ 39,250.00 |
| Partnered - combined | $ 957,500.00 | $ 1,007,500.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,129,500.00 | $ 1,179,500.00 | $ 50,000.00 |
| Assets at which ISS reduces (transitional) | |||
| Homeowner | Limit | ||
| Not a Member of a Couple | $ 464,250.00 | $ 486,000.00 | $ 21,750.00 |
| Partnered - combined | $ 675,500.00 | $ 708,000.00 | $ 32,500.00 |
| Illness Separated - combined | $ 787,500.00 | $ 820,000.00 | $ 32,500.00 |
| Non-homeowner | Limit | ||
| Not a Member of a Couple | $ 688,750.00 | $ 728,000.00 | $ 39,250.00 |
| Partnered - combined | $ 900,000.00 | $ 950,000.00 | $ 50,000.00 |
| Illness Separated - combined | $ 1,012,000.00 | $ 1,062,000.00 | $ 50,000.00 |