Cash assets

• bills of exchange or promissory notes
• building society shares
• money in bank accounts, including fixed and term deposits with any bank, friendly society, credit union, or building society
• money invested with or lent to any bank, other financial institution or person
• money withdrawn from a KiwiSaver scheme
• mortgage investments and long term loans
• pre-paid funeral expenses (in some circumstances)
• shares, stocks, debentures, Bonus Bonds and bonds
• the client's share in any partnership
• the net equity held in any investment property or land not used as the client's home

Note if you are unsure contact Helpline.

• a caravan, boat or other vehicle with a net equity less than $2000, or which is used by the person or a member of their family for day to day accommodation
• the home property and land on which it is situated
• a motor vehicle principally used by the client for private use
• Christchurch Mosques attack support payments
• Crown funds provided directly to clients to purchase Support Services and Direct Disability Support payments
• funds locked into KiwiSaver and other retirement scheme accounts
• Information share Child Support payments currently being charged as income
• Māori land when the title is in tribal trust and individual ownership cannot be identified, the client cannot realise or readily convert the land into a cash asset
  Note consult Legal Services if you are unsure about the ownership of Maori land.
• MSD lump sum payments for the first 12 months after payment is made
• Payments of Accommodation Supplement arrears due to system processing error from 1993 to 2014
• Payments of arrears to Special Benefit clients better off on Temporary Additional Support for the first 12 months after payment is made
• Payments to clients whose Kāinga Ora tenancy was terminated due to methamphetamine contamination for the first 12 months after payment is made
• Payments from the Crown for the purchase of property in the Canterbury red zone
• Payments from Earthquake Commission and insurance companies (Canterbury earthquake 2010 and 2011 aftershock)
• Payments from Canterbury Earthquake Commission (Red Cross)
• personal effects
• Residential Care Subsidy historic review refunds for the first 12 months after the payment is made
• specified Ex gratia and Compensation payments
• FamilyBoost Tax Credit payments for the first 12 months after payment is received
• Bonus Payment for the first 12 months after the payment is made

A bank overdraft is not considered a cash asset or resource available to a client.

Canterbury earthquake related payments

Payments made by the Crown, Earthquake Commission, insurance companies or the Canterbury Earthquake Commission (Red Cross) relating to the Canterbury earthquake are generally excluded for the first 12 or 24 months following the date the client received the payment.