Gifting

If you give away your income or assets, they may still count towards your income and assets tests. This also applies if you sell them for less than they’re worth.

We have information in different languages about Gifting

Call our Multilingual Phone Service to speak with us in your language about your Centrelink payments and services.

What a gift is

It’s a gift if both of these apply:

  • you sell or transfer an income or asset
  • you get less than its value or nothing in return.

It’s not a gift if both of these apply:

  • you sell or transfer an income or asset
  • you get money, goods or services to the same value.

We call it adequate consideration when you get money, goods or services to the same value.

Page last updated: 6 December 2019