What happens now the assets test waiver has ended
25 September 2020
You need to tell us about your assets so we can pay you the right amount.
Due to coronavirus (COVID-19), we waived the assets test for people who claimed certain payments after 23 March.
On 25 September 2020 we reintroduced the assets tests for all of the following payments:
We contacted you in September if we needed your asset details. If you didn’t give us these details and your payment have now stopped, call us on your regular payment line.
Assets are property or items you or your partner own in full or part, or have an interest in. There are some types of assets we don’t assess. For example, we don’t assess your principal home and the first 2 hectares of the land it’s on.
Changes to your income and assets may affect your payments from us. Tell us about any changes within 14 days so we can pay you the right amount.
Read more about:
It’s important to tell us your income and assets so you get the right Centrelink payment rate.
The assets test exemption for some payments will end on 24 September 2020.
Page last updated: 25 September 2020
This information was printed 23 October 2020 from https://www.servicesaustralia.gov.au/individuals/news/what-happens-now-assets-test-waiver-has-ended. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.