What brenda assessable assets would be

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Brenda is aged 67 and is an Australian resident (she was born here). Brenda is currently applying for the age pension. She provides you with the market value of her assets (she has no liabilities) and the yearly returns from these as follows:

Family home = 330k
Home contents = 12k
Car = 10k
Bank account (interest income of $225 (1.5%)) = 15k
Super (return of $10.8k (6%)) = 180k
Investment property (net rental income of ($12k)) = 260k

Problem 1: For the asset test, Brenda's assessable assets would be $

Problem 2: For the income test, Brenda's financial assets or financial investments (i.e. assets subject to deeming) would be

Reference no: EM132908823

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