Last amended 17 June 2009
If an asset is unrealisable the value of the asset can be assessed as being less than the face value. If financial hardship is involved, the hardship provisions may apply.
More ? [2]
A person may have severely limited or no access to assets when:
a non-active partner cannot access partnership assets following a relationship breakdown.
The value of an asset-tested income stream is determined using the income stream assessment rules.
More ? [3]
Links
[1] https://clik.dva.gov.au/user/login?destination=node/16415%23comment-form
[2] https://clik.dva.gov.au/book/export/html/16415#tgt-cspol_part10_ftn235
[3] https://clik.dva.gov.au/book/export/html/16415#tgt-cspol_part10_ftn236
[4] https://clik.dva.gov.au/compensation-and-support-policy-library/part-3-income-support-eligibility/310-financial-hardship
[5] https://clik.dva.gov.au/book/export/html/16415#ref-cspol_part10_ftn235
[6] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1054-income-and-assets-assessment-income-streams
[7] https://clik.dva.gov.au/book/export/html/16415#ref-cspol_part10_ftn236