Personal Assets Test for allowances, Austudy and independent Youth Allowance or ABSTUDY customers 108-01020030
Policy
ABSTUDY
Links to the ABSTUDY Policy Manual go to pdf and docx documents. Select the document and go to the reference(s) below.
- 65.1, Exemptions from the Personal Assets Test
- 65.2, The Personal Assets Test
- 63.1.1, Exempt assets
Note: there is no legislation for ABSTUDY.
Youth Allowance
Social Security Guide, 4.2.8.30, Independent YA - Personal Assets Test & Limits
General
Social Security Guide, 4.2.3, Pensions & Benefits Assets Tests & Limits
Social Security Guide, 4.6, Assets
Social Security Guide, 4.6.2, Assets that are Exempt from Assessment
Social Security Guide, 4.6.6, Determining the Value of an Asset
Social Security Guide, 4.6.5.30, Assessing Property, Real Estate & Unit Trusts
Social Security Guide, 4.6.6.10, General Provisions for Valuation of Assets
Social Security Guide, Government response to Coronavirus
Legislation
Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.
Youth Allowance
- section 547A, Allowance not payable if assets value limit exceeded
- section 547B, who is excluded from application of assets test?
- section 1067G, Module L, Table of pensions, benefits, allowances, and compensation
Austudy
- section 573, Austudy Payment not payable if assets value limit exceeded
- section 573A, Who is excluded from application of assets test
JobSeeker Payment
- section 611, Assets test-allowance not payable if assets value limit exceeded
- section 612, Value of assets of members of couples
General provisions relating to the Assets Test
- section 11, Assets test definitions
- section 1118, Certain assets to be disregarded in calculating the value of a person's assets
- section 1121A, Effect of certain liabilities on value of assets used in primary production
- section 1123, Disposal of assets
- section 1131, Access to financial hardship rules - benefits
- section 1132, Application of financial hardship rules - benefits
Farm Household Support Act 2014
- Part 5 - Application and modification of the Social Security Act and the Social Security Administration Act