20Financial capacity test for single and joint applicants

20  Financial capacity test for single and joint applicants

  The financial capacity test is satisfied in relation to an applicant or applicants for an arrangement if Housing Australia reasonably believes  that it is unlikely that the applicant, or both applicants together, could acquire the relevant property at that time without the assistance of the arrangement, having regard to the value of their assets (including assets that either applicant owns jointly with another person), their liabilities, their income, and any other financial assistance, of a material nature, likely to be provided by the Commonwealth, a State or a Territory.