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.
Superannuation
Superannuation is a long term savings structure to help fund your retirement.
- Employment income reporting
- If you’re employed
When to report your income to Centrelink
If you’re getting an income support payment, we’ll tell you when you need to report any other income you get.
- What FIS information you can watch online
- Income and assets
FIS deeming video
Watch this video to learn more about deeming.
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.
- Top payments
- Rent Assistance
What you need to do for Rent Assistance
You have a responsibility to tell us about changes to your rent or accommodation details if you get Rent Assistance.
Deeming
Deeming rules are used to work out income from your financial assets. We add this to your other income and apply the income test to determine your payment rate.
- Top payments
- Education Entry Payment
How to claim Education Entry Payment
What you may need to do to claim Education Entry Payment (EdEP).
- Youth Allowance for students and Australian Apprentices
- Who can get it
Dependent or independent for Youth Allowance as a student or Australian apprentice
When you apply for Youth Allowance for students and Australian Apprentices, we’ll assess you as being either dependent or independent.
- Employment income reporting
- If you’re employed
How to report your income to Centrelink
You can report your employment income in different ways.