An assets test is being introduced as part of the process for assessing the eligibility of applicants for long-term housing assistance.
Under the Assets Test policy, ownership of assets such as property and access to funds over a certain amount will be considered when determining whether applicants are eligible for housing assistance.
Property considered under the policy will include all types of real estate fully or part-owned in Australia and overseas.
Current applicants who do not meet the new Assets Test criteria will not be able to remain on the waitlist and their applications will be cancelled.
Applicants can appeal the outcome of the decision about their eligibility for housing assistance by contacting their nearest Department of Housing office.
Once the assets test is implemented, departmental staff will provide advice to applicants about their eligibility for housing assistance under the new policy, and the other forms of housing assistance that may be available.
For more information please contact your nearest Department of Housing office.