Assets test

The assets you own can affect how much Sickness Allowance you can get.

Owning assets in full or in part can affect your payments.

We may delay your first payment if your liquid assets are 1 of the following:

  • $5,500 or more if you’re single
  • $11,000 or more if you’re partnered
  • $11,000 or more if you’re single with dependents.

Asset hardship provisions

Asset hardship provisions could apply if you’re in severe financial hardship and you either:

  • can’t get a payment from us because your assets are over the asset test limit
  • have had your payment reduced under the assets test.

Page last updated: 22 May 2020