This chapter contains information on the various types of assets (1.1.A.290) that affect a person's payments. It includes information on exempt assets, the concept of asset value and hardship provisions relating to assets.
Version 1.307 - Released 8 May 2023
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Note that the Social Security (Administration) Amendment (Repeal of Cashless Debit Card and Other Measures) Bill 2022 received royal assent on 30 September 2022.
As a result, DSS is updating information on this site. While this process is well underway, it will take some time before all changes are complete. In the meantime, references within the Guide to Social Policy Law should now generally be understood to be references to recent changes within the Social Security (Administration) Act 1999.
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