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.
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.
Change of circumstances while getting Youth allowance for job seekers
You must tell us if things change as it may affect your Youth Allowance for job seekers.
Dependent or independent for Youth Allowance as a job seeker
If you apply for Youth Allowance as a job seeker, we’ll assess you as being either dependent or independent.
Annual parental income reassessment
If you’re dependent and get Youth Allowance or ABSTUDY, we may need your parents’ or guardians’ income details each year.
Review of your details when you get Rent Assistance
We may review your rent details to check they're up to date.
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.
Demerits and penalties for not meeting mutual obligation or participation requirements
Job seekers could get demerits and financial penalties for not meeting mutual obligation.
Real estate details form (MOD R)
Use this form to let us know your share of a property's asset value and income.