centrelink age pension information

Allowable Assets

The allowable assets threshold before a reduction of $1.50 per $1000 ($3 per $1000 before 20/9/2007) is different
for homeowners and non homeowners.

For couples the thresholds are combined assets.

 

Date	Single	Couple both eligible	Couple one eligible	Couple illness separated
Homeowners:
1/7/2012	192,500	273,000	273,000	273,000
1/7/2011	186,750	265,000	265,000	265,000
1/7/2010	181,750	258,000	258,000	258,000
1/7/2009	178,000	252,500	252,500	252,500
1/7/2008	171,750	243,500	243,500	243,500
1/7/2007	166,750	236,500	236,500	236,500
1/7/2006	161,500	229,000	229,000	229,000
1/7/2005	157,000	223,000	223,000	223,000
1/7/2004	153,000	217,500	217,500	217,500
Non Homeowners:
1/7/2012	332,000	412,500	412,500	412,500
1/7/2011	321,750	400,000	400,000	400,000
1/7/2010	313,250	389,500	389,500	389,500
1/7/2009	307,000	381,500	381,500	381,500
1/7/2008	296,250	368,000	368,000	368,000
1/7/2007	287,750	357,500	357,500	357,500
1/7/2006	278,500	346,000	346,000	346,000
1/7/2005	270,500	336,500	336,500	336,500
1/7/2004	263,500	328,000	328,000	328,000