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.
- Income and assets tests
- What the parental means test is
What the Parental income test is for Youth Allowance students and Australian Apprentices
We use the parental income test to assess your parents’ or guardians’ income for Youth Allowance. It’s part of the parental means test.
- 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.
- Youth Allowance
- Youth Allowance for students and Australian Apprentices
How much Youth Allowance for students and apprentices you can get
We use income and assets tests to work out how much Youth Allowance for students and Australian Apprentices you can get. These are the maximum rates.
Employment income
This is pay you get for work you've done for an employer.
New Zealand citizens claiming payments in Australia
If you’re a New Zealand citizen living in Australia you may be eligible to get Centrelink payments or concession cards.
Real estate income
This is lease or rent money you get from a property you own. It counts in your income test.
- Employment income reporting
- What to report
Income from employment
If you or your partner get income from employment you need to tell us. This is so we can pay you the right amount.
- Top payments
- Financial Information Service
How to contact the Financial Information Service
We have Financial Information Service (FIS) Officers to help you.
Severe financial hardship provisions
We may reduce or waive your waiting period for a payment if you meet the severe financial hardship provisions.