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.

The Income and Assets Tests Table provides information regarding the income or assets tests for payments from Centrelink.

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