Liquid Assets Waiting Period for Centrelink Allowances

What is the Liquid Assets Waiting Period test? 1 The Liquid Assets Waiting Period (LAWP) is a period that you must wait before being paid an allowance (Newstart, Sickness and Youth Training), if you have ‘liquid’ funds above the threshold. The maximum LAWP is 13 weeks and is applied from the date that your employment ceased. Liquid assets are any readily available funds, including those of your partner, which you [...]

By |2021-04-08T10:10:16+10:00January 13, 2010|General, Social Security|15 Comments

Newstart Allowance

What is the Newstart Allowance? Newstart Allowance1 (NSA) serves to support those who are actively seeking employment or participating in approved activities intended to increase your chances of finding paid employment. Newstart Allowance is a Commonwealth Government benefit administered by the Department of Human Services, through its Centrelink agency. Eligibility criteria for the Newstart Allowance Certain criteria must be met before the applicant becomes eligible and these include: Aged 22 [...]

By |2017-07-31T11:40:08+10:00January 13, 2010|General, Social Security|0 Comments
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