Independent YA - Personal Assets Test & Limits


This topic covers the following matters:

  • exemptions from the personal assets test, and
  • the personal assets test.

Exemptions from the personal assets test

The personal assets test does NOT apply to:

  • dependent YA recipients (1.1.D.100), OR
  • farm assets if the YA recipient or their partner has a current drought relief exceptional circumstances certificate.

Explanation: An independent YA recipient who is a member of a couple (1.1.M.120) is considered to be partnered UNLESS the partner is a dependent YA recipient.

Note: Prior to 1 July 2017, the personal assets test did not apply to independent YA recipients with a partner receiving an income support payment.

YA recipients have access to the benefit asset hardship provisions if required.

Act reference: SSAct section 23(1)-'income support payment'

The personal assets test

The personal assets test for independent YA recipients is the same as the benefits assets test.

Act reference: SSAct section 547A Allowance not payable if assets value limit exceeded

Policy reference: SS Guide 4.2.3 Pensions & benefits assets tests, 4.6.7 Asset hardship rules

Last reviewed: 3 July 2017