Most useful information

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Financial investments

The value of your financial investments counts in the assets test and income test for payments from us.

  1. Assets test
  2. Asset types

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.

  1. Health Care Card
  2. Who needs to apply

Renewing a Health Care Card

If you’re still eligible to get a health care card, we’ll issue you a new card before the current one ends. You don’t need to do anything.

  1. Pensioner Concession Card
  2. Who needs to apply

Renewing a Pensioner Concession Card

How to renew your Pensioner Concession Card.

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.

  1. Youth Allowance for students and Australian Apprentices
  2. How much you can get

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.

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Page last updated: 12 December 2024.
QC 60800