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  • Assets
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Assets

What is an asset?

An asset is any property or possession you own either partly or wholly. It includes assets held outside Australia and debts owing to you.

  • Assessable assets - assets which are assessed when claiming a payment from Centrelink.
  • Exempt assets - assets which are not assessed when claiming a payment from Centrelink.
  • Non-Australian assets - assets you have which are outside Australia.
  • Liquid assets - readily available funds which you can access within 28 days of date you last worked.
  • The value of assets - how much are your assets worth.
  • Disposing of assets - what happens if you dispose of or gift assets.

More information

  • Income and assets tests table

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  • self employed or farmer
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  • studying or training

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We speak your language

International

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Careers@Centrelink

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  • Centrelink ABN: 29 468 422 437
  • Page last updated: 23 October 2009