To be eligible for government assistance, households need to have a low income and a low asset base. Low income households can be identified within the Census, but at present there is no way of knowing whether these households are likely to be eligible based on their assets. At present, “renting” is used as a proxy for low-asset households, however this excludes a large number of early homeowners (high debt, low assets), and may include households who own property but are renting by choice.
If we had some basic way of identifying the level of assets of a households (even in broad ranges), this would be useful. Eligibility of asset-value differs, but as long as the lower levels were covered well (e.g. <$50k, $50k-$100k…. up to $300k) that would be sufficient. Another way of assisting in this area, would be to determine how much mortgage is remaining on the property.
This information is required to estimate the likely demand for government support and services across a number of different cohorts, for example:
• Indigenous households;
• Seniors households;
• One parent households;
• Disability/Carer households etc.
It would be used in planning, policy design and evaluation. It would also be used for service design, mapping and planning for infrastructure around government assets and infrastructure.