Most useful information for School

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  1. Asset types
  2. Gifting

What gifts we include in income and assets tests

We may include your gift if you give away, sell or transfer it for less than its market value.

  1. Asset types
  2. Gifting

How gifting can affect your payment

If you or your partner gift money, income or assets, we may assess it in your income and assets tests.

How to get reminders to report income to Centrelink

If you have to report your income each fortnight, we’ll send you an SMS reminder on the day your report is due.

  1. Tertiary Access Payment
  2. Who can get it

Parental income limits for Tertiary Access Payment

We check your parents’ or guardians’ income when you claim Tertiary Access Payment.

Why you need to apply for child support while you get FTB Part A

Where possible parents should take primary responsibility for the cost of looking after their children. This is why we ask you to apply for child support.

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.

Payment and Service Finder

An online tool to see what payments and services you may be eligible for.

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.

  1. Seeking medical help
  2. Most useful information

Authorisation to act on an incapacitated person's behalf for Medicare purposes form (MO050)

Use this form if you want to act on behalf of someone who is incapable of managing their own affairs for Medicare services.

  1. Top payments
  2. Family Tax Benefit

How to balance your payment for Family Tax Benefit

We compare your income estimate with your actual income at the end of each financial year. This is how we check you got the right amount.

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Page last updated: 10 December 2021.
QC 60170