Factors

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.