Financial investments
The value of your financial investments counts in the assets test and income test for payments from us.
Asset hardship provisions
We may stop, reject or reduce your payment because of the assets test. If this is the case, you may be able to apply under the asset hardship provisions.
Rural customers and primary producers
Some rural properties and farms have more than one title or larger blocks than residential properties. The asset test rules are different for these properties.
Income specific to Aboriginal and Torres Strait Islander Australians
If you or your partner earn an income or someone gives you money from any source, you need to let us know.
Income streams
These are regular payments made from your superannuation fund or purchased using either superannuation money or savings.
Higher rates of Youth Allowance when living away from home - students and Australian Apprentices
You may get a higher rate of Youth Allowance if you need to live away from your parents' home. This can be to study, or do your Australian Apprenticeship.
Granny flat interest
A granny flat interest is an agreement for accommodation for life. It can affect your eligibility or rate of payment and we may include it in your assets test.
Private trusts and companies
If you’re part of a private trust or company, we need to know your share of the income and assets.
Funeral bonds and prepaid funerals
Funeral costs you pay for in advance normally don’t count in your assets test for payments from us. There are some exceptions.
Allowable time for study while getting Youth Allowance
There’s an allowable time limit on how long you’ll get Youth Allowance. We base it on the minimum time it normally takes to complete your course as a full time student.