Self-Contained Flat Attached to Home

Last updated 12 January 2007

Definition of a self-contained living flat

Generally, a self-contained living flat is a flat with private or separate sleeping, cooking and bathroom facilities.

Assessment of a self-contained flat attached to the home

The following table provides reference points for the assessment rules of certain types of [glossary:self-contained living areas:211].    

Description - Cash & Accounts

Last amended: 27 May 2008

What is included in cash and money?

Pensioners are not required to advise [glossary:DVA:306] of reasonable amounts of money that they are holding to meet day-to-day living expenses. Judgement will need to be exercised in determining what is reasonable.

Financial assets included in cash and money in deposits are:

CPI

What is the CPI?

The Consumer Price Index ([glossary:CPI:622]) provides the official measure of inflation in Australia. The CPI is calculated by the Australian Bureau of Statistics. Movement in the CPI is measured quarterly for the three month periods ending 31 March, 30 June, 30 September and 31 December each year. The CPI figures are normally published around four weeks after the end of the quarter. The CPI is not a percentage but an index number. Any two numbers from the index can be compared to calculate a percentage change.