Assets - how much do they reduce your benefit by?

[Ginger]

Yeah I thought the same thing as megs. I am a home owner and I don't think it affects my payments. Why not rent the tassie house out and rent a place in qld for a while?

[briggsy's girl]

your primary residence isn't an asset hun - it would only be an asset if you decided to rent it out and move back to QLD or something - or if you moved across town and had it empty or some such craziness

if your DP is studying, you're not working, you would probably be entitled to PPP at around $425 per fortnight, as well as max rate ftba (a bit of 160 per child) and part rate ftbb (as your parenting payment is deemed an income so reduced ftbb that you receive)

[Arimeh]

The home you live in isn't included as an assets as it is your primary place of residence.
I hope that helps

Oh that is awesome, thanks

Why not rent the tassie house out and rent a place in qld for a while?

Cos it would be classed as an investment and our benefits would be next to nothing and we couldn't afford rent and mortgage repayments