Definition
The value of income per week from all sources as specified and used by the agency to establish eligibility of a person for receipt of housing assistance expressed as dollars and cents.
Components
Data Element (this item)
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Data Element ConceptPerson—assessable income
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Object ClassPerson
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PropertyAssessable income
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Value DomainTotal Australian currency N[NNNNN].NN
Representation
This representation is based on the value domain for this data element, more information is available at " Total Australian currency N[NNNNN].NN ".| Data Type | Currency |
|---|---|
| Format | N[NNNNN].NN |
| Maximum character length | 8 |
Comments
Guide for use:
The main components of assessable income are:
- wages and salary
- income derived from self-employment
- government pensions, benefits and allowances
- other income comprising investments (including interest, dividends, royalties and rent) and other regular income (including superannuation, private scholarships received in cash, workers' compensation, accident compensation, maintenance or alimony, and any other allowances regularly received).
Assessable income is also used to calculate the rental housing rebate, that allows a household to pay a rent lower than the market rent.
Each state and territory uses its own definition of 'assessable income'.
Where household or income unit assessable income is required, then assessable income of each person is summed.
Origin:
CSHA Public rental housing data manual 2001-02