You are here

Income support asset limits 20 March 2018

Document
 Old rateNew RateDifference
Income support asset limits01/01/201820/03/2018 
Assets value limit   
Homeowner Limit 
Single $    253,750.00 $    253,750.00 $               -  
Partnered (each) including illness separated and respite care $    190,250.00 $    190,250.00 $               -  
Non-homeowner Limit 
Single $    456,750.00 $    456,750.00 $               -  
Partnered (each) including illness separated and respite care $    291,750.00 $    291,750.00 $               -  
    
Extra allowable amount Limit 
Extra allowable amount $    203,000.00 $    203,000.00 $               -  
    
Asset Levels at which SP/AP ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    552,000.00 $    556,500.00 $      4,500.00
Partnered - combined $    830,000.00 $    837,000.00 $      7,000.00
Illness Separated - combined $    977,000.00 $    986,000.00 $      9,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    755,000.00 $    759,500.00 $      4,500.00
Partnered - combined $  1,033,000.00 $  1,040,000.00 $      7,000.00
Illness Separated - combined $  1,180,000.00 $  1,189,000.00 $      9,000.00
    
Asset Levels at which ISS ceases (non-transitional)   
Low Limit Limit 
Not a Member of a Couple $    547,250.00 $    551,750.00 $      4,500.00
Partnered - combined $    823,000.00 $    829,500.00 $      6,500.00
Illness Separated - combined $    967,500.00 $    976,500.00 $      9,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    750,250.00 $    754,750.00 $      4,500.00
Partnered - combined $  1,026,000.00 $  1,032,500.00 $      6,500.00
Illness Separated - combined $  1,170,500.00 $  1,179,500.00 $      9,000.00
    
Asset Levels at which SP/AP ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    504,750.00 $    507,750.00 $      3,000.00
Partnered - combined $    785,500.00 $    790,500.00 $      5,000.00
Illness Separated - combined $    882,500.00 $    888,500.00 $      6,000.00
High Limit (without RA) Limit 
Not a Member of a Couple $    707,750.00 $    710,750.00 $      3,000.00
Partnered - combined $    988,500.00 $    993,500.00 $      5,000.00
Illness Separated - combined $  1,085,500.00 $  1,091,500.00 $      6,000.00
    
Asset Levels at which ISS ceases (transitional)   
Low Limit Limit 
Not a Member of a Couple $    500,000.00 $    503,250.00 $      3,250.00
Partnered - combined $    778,500.00 $    783,500.00 $      5,000.00
Illness Separated - combined $    873,000.00 $    879,500.00 $      6,500.00
High Limit (without RA) Limit 
Not a Member of a Couple $    703,000.00 $    706,250.00 $      3,250.00
Partnered - combined $    981,500.00 $    986,500.00 $      5,000.00
Illness Separated - combined $  1,076,000.00 $  1,082,500.00 $      6,500.00
    
Assets at which minimum payment paid (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    535,500.00 $    539,750.00 $      4,250.00
Partnered - combined $    805,000.00 $    811,500.00 $      6,500.00
Illness Separated - combined $    944,000.00 $    952,500.00 $      8,500.00
Non-homeowner Limit 
Not a Member of a Couple $    738,500.00 $    742,750.00 $      4,250.00
Partnered - combined $  1,008,000.00 $  1,014,500.00 $      6,500.00
Illness Separated - combined $  1,147,000.00 $  1,155,500.00 $      8,500.00
    
Assets at which minimum payment paid (transitional)   
Homeowner Limit 
Not a Member of a Couple $    488,000.00 $    491,250.00 $      3,250.00
Partnered - combined $    760,500.00 $    765,500.00 $      5,000.00
Illness Separated - combined $    849,000.00 $    855,500.00 $      6,500.00
Non-homeowner Limit 
Not a Member of a Couple $    691,000.00 $    694,250.00 $      3,250.00
Partnered - combined $    963,500.00 $    968,500.00 $      5,000.00
Illness Separated - combined $  1,052,000.00 $  1,058,500.00 $      6,500.00
    
Assets at which ISS reduces (non-transitional)   
Homeowner Limit 
Not a Member of a Couple $    457,750.00 $    460,750.00 $      3,000.00
Partnered - combined $    644,000.00 $    648,000.00 $      4,000.00
Illness Separated - combined $    788,500.00 $    794,500.00 $      6,000.00
Non-homeowner Limit 
Not a Member of a Couple $    660,750.00 $    663,750.00 $      3,000.00
Partnered - combined $    847,000.00 $    851,000.00 $      4,000.00
Illness Separated - combined $    991,500.00 $    997,500.00 $      6,000.00
    
Assets at which ISS reduces (transitional)   
Homeowner Limit 
Not a Member of a Couple $    410,500.00 $    412,250.00 $      1,750.00
Partnered - combined $    599,500.00 $    602,000.00 $      2,500.00
Illness Separated - combined $    694,000.00 $    697,500.00 $      3,500.00
Non-homeowner Limit 
Not a Member of a Couple $    613,500.00 $    615,250.00 $      1,750.00
Partnered - combined $    802,500.00 $    805,000.00 $      2,500.00
Illness Separated - combined $    897,000.00 $    900,500.00 $      3,500.00