Are you receiving the correct Age Pension Payments?

October 19, 2026

Age Pension amounts and Age Pension eligibility are calculated by a means test assessment.


Both income and assets are assessed by Centrelink/DVA in order to determine eligibility and payment amounts.


The current maximum age pension payments are


Single $1144.40 per fortnight


Couple $862.60 each per fortnight

Age pension Income assessment

Recipients are able to earn $204.00 per fortnight for singles ($360.00 for couples) before a reduction can be applied to payments. Payments are reduced to zero when annual income reached $60,632 for singles and $92.768 for couples.


Age pension Assets assessment

Home-owners can have a maximum of $314,000 assessable assets ($470,000 for a couple) before pension payments are reduced. Payments are reduced to zero when assessable assets reach $686,250 for a single ($1,031,000 per couple)


Applicants who fail the income test for any pension payment may qualify for the Commonwealth Seniors Health Card if the income is between $60,632 and $90,000 for a single. ($144,000 combined income for a couple)


Are you receiving your correct payments?

From a client,


“Thank you Paul for reviewing our age pension payments – our information at Centrelink was wrong and we now have $3500 more per year”



… M&G, Hartwell

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