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How much can I own in assets – and earn in income – and still get the pension?

Thresholds as at 01/01/2011:

Asset Test

Homeowner Full Pension (up to) Part Pension (less than)
Single $ 186,750 $ 686,000
Couple or one partner eligible $ 265,000 $ 1,018,000

Non-Homeowner Full Pension (up to) Part Pension (less than)
Single $ 321,750 $ 821,000
Couple or one partner eligible $ 400,000 $ 1,153,000

Income Test

Full Pension* (up to) Part Pension* (less than)
Single $ 150.00 $ 1,647.60
Couple $ 264.00 $ 2,522.00**

Source: Centrelink
*Based on fortnightly income.
**Existing transitional pensioners may have a higher limit.




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Last Updated
12th of December, 2011

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