Income from Commonwealth Prac Payment
If you get a payment from us, you need to report any Commonwealth Prac Payments you get as income.
- Who can get it
- Rent and accommodation types for Rent Assistance
Board and lodging rent type for Rent Assistance
If you pay a homeowner or leaseholder for a room in their property, you may be eligible for Rent Assistance under the board and lodging rent type.
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.
Residence rules for Youth Allowance
To be eligible for Youth Allowance you must meet the residence rules.
- Asset types
- Private trusts and companies
Trust reviews
How we check that you correctly report the income you receive from a trust.
Approved courses and institutions for ABSTUDY
You must study an approved course with an approved institution to get ABSTUDY.
- What FIS information you can watch online
- Income and assets
FIS deeming video
Watch this video to learn more about deeming.
- Asset types
- Granny flat interest
How we assess granny flat interests
You need to tell us the value of the granny flat interest so we can assess if this affects your payments.
- Austudy
- Who can get it
Income tests for Austudy
We use income tests to see if you’re eligible for Austudy and work out how much you’ll get.
Exemptions from the newly arrived resident's waiting period
After you arrive in Australia, there can be a waiting period to get some of our payments and concessions. Find out if you may not have to wait this period.