Your waiting period could be made shorter if you legitimately spend money (liquid asset) before you make a claim.

You run risks of overpayments and being taken to court for fraud if you hide money to get Youth Allowance or Austudy earlier.

Much of the contemporary interest in corporate governance is concerned with mitigation of the conflicts of interests between stakeholders.Corporate governance includes the processes through which corporations' objectives are set and pursued in the context of the social, regulatory and market environment.Governance mechanisms include monitoring the actions, policies, practices, and decisions of corporations, their agents, and affected stakeholders.The maximum period you can be made to wait is 13 weeks. While you are waiting you can work and any income you earn in a waiting period won’t affect your payment (unless it is high enough to otherwise cut you off from payments).You only need to declare the liquid assets you have at the time of claiming.The practice of “backdating” stock option grants has recently captured the attention of regulators, prosecutors, the plaintiffs’ bar, shareholders and the media.The SEC’s Enforcement Division and the offices of the United States Attorney are investigating the option granting practices of dozens of companies and actions taken by their executives.Several companies have expressed their intent to restate financial statements due to option timing issues, and opportunistic attorneys have already filed derivative and class action lawsuits.The author of the academic study who is credited with focusing regulators on this issue estimates that at least 10% of “at-the-money” grants of options to CEOs between 19—before Sarbanes-Oxley shortened the reporting period for option grants—were backdated.Backdating is dating any document by a date earlier than the one on which the document was originally drawn up.Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.Sometimes certain claims (such as insurance claims) can be backdated if the could not be completed at an earlier date, although there must be good reason for neglecting to claim in advance.If your backdated claim is approved, you will be able to receive benefits from a certain date in the past., such as the Florida jokers who had a plan to blow up the Sears Tower -- once they located some bombs and some boots -- and a case in Lodi, where an ice-cream truck driver was accused of being in league with al-Qaida.