Services Australia rates

How much Age Pension could you get?

The other half of most Australians' retirement income. Centrelink runs an income test and an assets test — you receive the lower of the two. This estimates both on the current rates.

Centrelink runs an income test and an assets test — you get the lower of the two. This estimates both.

Relationship

Do you own your home?

Assets (excl. your home)

Super, savings, shares, car, contents

Of which financial

Super, savings, shares (these get deemed)

Other income / yr

Work, rent — before any Work Bonus

You could receive about

$1,150/fortnight

≈ $29,897 a year — out of a maximum $31,223.

Part Age Pension

Both tests are run — you get the lower

Income test

$1,152/ft

Incl. $8,414/yr deemed income

Assets testapplies

$1,150/ft

Free area $333,000

The pension tops up your super, not replaces it.See if your super's on track for the lifestyle you want.

Rates 20 March 2026 · thresholds 1 July 2026. Assumes you've reached Age Pension age (67) and meet residency rules. Financial assets are “deemed” to earn 1.25% then 3.25% for the income test. Excludes the Work Bonus (first $300/fortnight of work income is exempt, so real payments can be higher), rent assistance and the family home. An estimate, not financial advice — check with Services Australia.