Real estate assets
Information about how real estate assets affect your payment under the assets test.
Real estate income
This is lease or rent money you get from a property you own. It counts in your income test.
Income from scholarships for students and apprentices
Income you get from scholarships can count in your income test. It might affect your payments.
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.
Examples of granny flat interests
We’ve put together some common examples to help you understand how we assess granny flats. These examples don't cover every situation.
Unreasonable to live at home statement by parents or guardians form (SY016)
Use this form if your child has applied as an independent person for Youth Allowance or ABSTUDY under the unreasonable to live at home guidelines.
Parent or Guardian details - for the BASE tax year and CURRENT tax year for dependent Youth Allowance or ABSTUDY customers form (MOD JY)
Use this form to provide income details of a parent or guardian if you are a dependent claiming or receiving Youth Allowance or ABSTUDY.
Mutual obligation requirements if you’re 55 or older
Find out about your mutual obligation requirements if you’re 55 and over.
Your family income estimate for family assistance payments
We use your family income estimate to work out how much family assistance to pay you. This includes Family Tax Benefit (FTB) and Child Care Subsidy (CCS).
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.