1. Which assets will affect Australian pensions?
- Financial Investment
- Household items, personal belongings and vehicles
- real estate
- Annuity
- Income Stream
- pension
- Sole proprietorships, partnerships, private trusts and companies
2. How much Australian pension assets will affect pensions?
For full pension benefits:
- Single: <280,000 (owning a house)/504,500 (not owning a house)
- Couples: <419,000 (owning a house)/643,500 (not owning a house)
**Note:** Changes in value of 1k (non-financial property) or 2k (financial property) must be reported.
3. Can I give my property away to reduce the impact?
- Gifts made within 5 years may still affect the property test.
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