The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.C.63 Cash


These definitions apply to all payments subject to assets testing provisions.


Cash includes the following:

  • cash on hand, other than that held to meet day-to-day expenses or pay outstanding bills, AND
  • on-call deposits with banks, credit unions and building societies.


The following are NOT cash:

  • fixed term deposits
  • bank and commercial bills
  • government and semi-government bonds, and
  • fixed interest securities.

Policy reference: SS Guide Assessing personal effects, household contents, vehicles & cash

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