Forms
Business details (MOD F)
Income and Assets (Mod IA)
Private Company (Mod PC)
Private Trust (Mod PT)
Real estate details (Mod R)
Impact of coronavirus (COVID-19)
Item | Description |
1 | From 23 March 2020 to 24 September 2020, asset testing was waived for customers receiving or claiming: - JobSeeker Payment (JSP). This included payments which transitioned to JSP on 20 March 2020
- Partner Allowance (PA)
- Widow Allowance (WA)
- Youth Allowance (YA) (job seeker, students, and Australian Apprentices)
- Parenting Payment (PP)
- ABSTUDY Living Allowance
- Austudy (student and apprentice payment)
Asset testing continued as normal for other payments. From 25 September 2020: - the asset test was reintroduced for customers receiving or claiming:
- JSP
- PA
- WA
- PP
- Austudy
- YA (job seekers, students, and apprentices)
- ABSTUDY
- customers were no longer eligible for payment if they had assets over their allowable limit
- customers had to notify within 14 days of any income or asset changes. Note: if a customer updated their asset details before 25 September 2020, they did not need to update again until their assets changed
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2 | Customers granted from 23 March 2020 for which the agency does not hold any asset details with a date on or after 23 March 2020 - An online task was allocated to these customers. The task was visible in their online account from 30 August 2020
- They received notification that an online task existed and were required to confirm or update assets before 24 September 2020
- Customers had to complete the online task or provide asset details to the agency. The preferred update method for asset details was online
- If assets were not recorded on or before 24 September 2020, the customer's payment was suspended pending provision of the required asset information
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3 | Customers granted from 23 March 2020 for which the agency held asset details that were over the allowable limit on 25 September 2020 - An online task was allocated to these customers. The task was visible in their online account from 30 August 2020
- They received notification that an online task existed and were required to confirm or update assets before 24 September 2020. The preferred update method for asset details was online
- If assets were not reduced below the allowable limit on or before 24 September 2020, the customer's payment was cancelled due to excess assets
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