Income Support Asset Limits | 01/01/2025 | 20/03/2025 | |
Assets value limit | | | |
Homeowner | | Limit | |
Single | $314,000.00 | $314,000.00 | $0.00 |
Partnered (each) including illness separated and respite care | $235,000.00 | $235,000.00 | $0.00 |
Non-homeowner | | Limit | |
Single | $566,000.00 | $566,000.00 | $0.00 |
Partnered (each) including illness separated and respite care | $361,000.00 | $361,000.00 | $0.00 |
| | | |
Extra allowable amount | | Limit | |
Extra allowable amount | $252,000.00 | $252,000.00 | $0.00 |
| | | |
Asset Levels at which SP/AP ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $695,500.00 | $697,000.00 | $1,500.00 |
Partnered - combined | $1,045,500.00 | $1,047,500.00 | $2,000.00 |
Illness Separated - combined | $1,233,000.00 | $1,236,000.00 | $3,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $947,500.00 | $949,000.00 | $1,500.00 |
Partnered - combined | $1,297,500.00 | $1,299,500.00 | $2,000.00 |
Illness Separated - combined | $1,485,000.00 | $1,488,000.00 | $3,000.00 |
| | | |
Asset Levels at which ISS ceases (non-transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $691,000.00 | $692,500.00 | $1,500.00 |
Partnered - combined | $1,038,000.00 | $1,040,500.00 | $2,500.00 |
Illness Separated - combined | $1,224,000.00 | $1,227,000.00 | $3,000.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $943,000.00 | $944,500.00 | $1,500.00 |
Partnered - combined | $1,290,000.00 | $1,292,500.00 | $2,500.00 |
Illness Separated - combined | $1,476,000.00 | $1,479,000.00 | $3,000.00 |
| | | |
Asset Levels at which SP/AP ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $627,750.00 | $629,000.00 | $1,250.00 |
Partnered - combined | $976,500.00 | $978,500.00 | $2,000.00 |
Illness Separated - combined | $1,097,500.00 | $1,100,000.00 | $2,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $879,750.00 | $881,000.00 | $1,250.00 |
Partnered - combined | $1,228,500.00 | $1,230,500.00 | $2,000.00 |
Illness Separated - combined | $1,349,500.00 | $1,352,000.00 | $2,500.00 |
| | | |
Asset Levels at which ISS ceases (transitional) | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $623,000.00 | $624,250.00 | $1,250.00 |
Partnered - combined | $969,500.00 | $971,500.00 | $2,000.00 |
Illness Separated - combined | $1,088,000.00 | $1,090,500.00 | $2,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $875,000.00 | $876,250.00 | $1,250.00 |
Partnered - combined | $1,221,500.00 | $1,223,500.00 | $2,000.00 |
Illness Separated - combined | $1,340,000.00 | $1,342,500.00 | $2,500.00 |
| | | |
Asset Levels at which VP ceases | | | |
Low Limit | | Limit | |
Not a Member of a Couple | $728,250.00 | $730,000.00 | $1,750.00 |
Partnered - combined | $1,116,000.00 | $1,119,000.00 | $3,000.00 |
Illness Separated - combined | $1,298,500.00 | $1,302,000.00 | $3,500.00 |
High Limit (without RA) | | Limit | |
Not a Member of a Couple | $980,250.00 | $982,000.00 | $1,750.00 |
Partnered - combined | $1,368,000.00 | $1,371,000.00 | $3,000.00 |
Illness Separated - combined | $1,550,500.00 | $1,554,000.00 | $3,500.00 |
| | | |
Assets at which minimum payment paid (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $676,000.00 | $677,500.00 | $1,500.00 |
Partnered - combined | $1,015,500.00 | $1,018,000.00 | $2,500.00 |
Illness Separated - combined | $1,194,000.00 | $1,197,000.00 | $3,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $928,000.00 | $929,500.00 | $1,500.00 |
Partnered - combined | $1,267,500.00 | $1,270,000.00 | $2,500.00 |
Illness Separated - combined | $1,446,000.00 | $1,449,000.00 | $3,000.00 |
| | | |
Assets at which minimum payment paid (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $608,250.00 | $609,250.00 | $1,000.00 |
Partnered - combined | $947,000.00 | $949,000.00 | $2,000.00 |
Illness Separated - combined | $1,058,500.00 | $1,060,500.00 | $2,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $860,250.00 | $861,250.00 | $1,000.00 |
Partnered - combined | $1,199,000.00 | $1,201,000.00 | $2,000.00 |
Illness Separated - combined | $1,310,500.00 | $1,312,500.00 | $2,000.00 |
| | | |
Assets at which minimum payment paid (veteran payment) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $713,250.00 | $715,000.00 | $1,750.00 |
Partnered - combined | $1,093,500.00 | $1,096,000.00 | $2,500.00 |
Illness Separated - combined | $1,268,500.00 | $1,272,000.00 | $3,500.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $965,250.00 | $967,000.00 | $1,750.00 |
Partnered - combined | $1,345,500.00 | $1,348,000.00 | $2,500.00 |
Illness Separated - combined | $1,520,500.00 | $1,524,000.00 | $3,500.00 |
| | | |
Assets at which ISS reduces (non-transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $575,500.00 | $576,500.00 | $1,000.00 |
Partnered - combined | $807,500.00 | $809,000.00 | $1,500.00 |
Illness Separated - combined | $993,000.00 | $995,000.00 | $2,000.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $827,500.00 | $828,500.00 | $1,000.00 |
Partnered - combined | $1,059,500.00 | $1,061,000.00 | $1,500.00 |
Illness Separated - combined | $1,245,000.00 | $1,247,000.00 | $2,000.00 |
| | | |
Assets at which ISS reduces (transitional) | | | |
Homeowner | | Limit | |
Not a Member of a Couple | $507,750.00 | $508,500.00 | $750.00 |
Partnered - combined | $738,500.00 | $739,500.00 | $1,000.00 |
Illness Separated - combined | $857,500.00 | $859,000.00 | $1,500.00 |
Non-homeowner | | Limit | |
Not a Member of a Couple | $759,750.00 | $760,500.00 | $750.00 |
Partnered - combined | $990,500.00 | $991,500.00 | $1,000.00 |
Illness Separated - combined | $1,109,500.00 | $1,111,000.00 | $1,500.00 |