Income from Commonwealth Prac Payment
If you get a payment from us, you need to report any Commonwealth Prac Payments you get as income.
How to apply to transfer to Age Pension
If you already get an eligible payment, we’ll invite you to apply to transfer to Age Pension. This will be 13 weeks before you reach Age Pension age.
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.
How to report your income to Centrelink
You can report your employment income in different ways.
Who can get Nth Qld Rainfall and Flooding, December 2025 to February 2026 - Disaster Recovery Allowance
You must meet eligibility rules to get Disaster Recovery Allowance (DRA).
Income
Most types of income count in your income test. We use this and your assets test to assess if you can get a payment, and to calculate your rate of payment.
Authorising a person or organisation to enquire or act on your behalf form (SS313)
Use this form to authorise a person or organisation in Australia to be your nominee so they can enquire or act on your behalf with Centrelink.
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.
When gifting exceptions apply
We have some exceptions to how we assess gifting.
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.