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Australia·Learn·Australia Age Pension rates and assets test
Explainer

Australia Age Pension rates and assets test

This explanation covers Age Pension rates and assets test in Australia, using the published government rules and their stated scope.

On this page
Maximum fortnightly rates
The normal maximum Age Pension total is A$1,237.70 per fortnight for a single person before tax.Services Australia Age Pension rates
What the total includes
The single total includes a maximum basic rate of A$1,135.40, maximum Pension Supplement of A$88.20 and Energy Supplement of A$14.10.Services Australia Age Pension rates

Maximum fortnightly rates

The normal maximum Age Pension total is A$1,237.70 per fortnight for a single person before tax. Services Australia Age Pension rates (opens in a new tab).

The normal maximum is A$933.00 each for a couple, or A$1,866 combined per fortnight. Services Australia Age Pension rates (opens in a new tab).

What the total includes

The single total includes a maximum basic rate of A$1,135.40, maximum Pension Supplement of A$88.20 and Energy Supplement of A$14.10. Services Australia Age Pension rates (opens in a new tab).

The Department of Social Services adjusts rates every 20 March and 20 September. The current rates page was updated on 20 September 2026. Services Australia Age Pension rates (opens in a new tab).

Full pension assets limits

The full pension assets limits for a single person are A$333,000 for a homeowner and A$600,000 for a non-homeowner. Services Australia Age Pension assets test (opens in a new tab).

For a couple combined, the limits are A$499,000 for homeowners and A$766,000 for non-homeowners. Assets above the relevant limit reduce the pension. Services Australia Age Pension assets test (opens in a new tab).

Part pension cut-off points

From 20 September 2026, a single person’s part pension cancels when assets exceed A$745,750 for homeowners or A$1,012,750 for non-homeowners. Services Australia Age Pension assets test (opens in a new tab).

For a couple combined, the cut-off points are A$1,121,000 for homeowners and A$1,388,000 for non-homeowners. Rent Assistance recipients have higher cut-off points. Services Australia Age Pension assets test (opens in a new tab).

Payment assessment

Services Australia uses both income and assets tests to work out the Age Pension payment. Services Australia Age Pension rates (opens in a new tab).

This general explanation provides no personal eligibility decision, payment estimate, tax calculation or recommendation. No matching calculator or numerical worked example is provided.

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