Most useful information for retraining

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.

1. Income and assets tests
2. Income test

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.

1. Housing
2. Most useful information

Real estate details form (MOD R)

Use this form to let us know your share of a property's asset value and income.

1. Assets test
2. Asset types

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.

Assets test for allowances

We use the assets test to help us work out if you can be paid an allowance and how much you'll get.

1. Assets test
2. Asset types

Superannuation

Superannuation is a long term savings structure to help fund your retirement.

1. Asset types
2. Gifting

When gifting exceptions apply

We have some exceptions to how we assess gifting.

1. Relationship changes
2. Most useful information

Partner details - if you live in Australia form (MOD P)

Use this form to give us information about your partner if you are claiming or receiving a payment or concession card.

1. Asset types
2. Gifting

How much you can gift

Your payment may be affected if you gift more than the value of the gifting free area each year.

1. Income test
2. Income

Lump sums while on income support

A lump sum is a one-off amount of money. They can count in your income test and may affect your payment from us.