- Asset types
- Gifting
How much you can gift
Your payment may be affected if you gift more than the value of the gifting free area each year.
Asset types
Assets are property or items you or your partner own in full or part, or have an interest in. They can affect your payment.
Mutual obligation requirements if you’re 55 or older
Find out about your mutual obligation requirements if you’re 55 and over.
Financial investments
The value of your financial investments counts in the assets test and income test for payments from us.
Severe financial hardship for Crisis Payment
For the purposes of Crisis Payment, you’re in severe financial hardship if you meet certain criteria.
- Asset types
- Gifting
When gifting exceptions apply
We have some exceptions to how we assess gifting.
- Growing up
- Most useful information
Unreasonable to live at home statement by independent third party form (SY017)
Use this form if you have been nominated by a young person applying for Youth Allowance or ABSTUDY to comment on their family situation.
- Natural disaster
- Most useful information
Crisis and other help
We can help if you’re in severe financial hardship, recovering from a disaster, or need special assistance.
Mutual obligation requirements
Mutual obligation requirements are tasks and activities you agree to do while you get some payments from us. Penalties may apply if you don’t meet them.
- Relationship changes
- Most useful information
Relationship details - Separated under one roof form (SS293)
Use this form if you’re separated but live under the same roof as your ex-partner. This is so we can assess whether to pay you as a single person or as a member of a couple.