Age Pension Calculator

To get age pension must be:

  • born on or before 21/10/1954
  • under the income and assets test limits
  • an Australian resident, normally for at least 10 years.

Income test

  • As a single pensioner, the amount reduces by $0.50 for every additional dollar earned over $178.00 (fortnightly)
  • As a pensioner couple, the amount reduces by $0.50 for every additional dollar earned over $316.00 (fortnightly)

Asset test

Homeowner

  • As a single pensioner, the amount reduces by $3 for every additional $1,000 assessable assets exceed $268,000.00
  • As a pensioner couple, the amount reduces by $3 for every additional $1,000 assessable assets exceed $401,500.00

Non-homeowner

  • As a single pensioner, the amount reduces by $3 for every additional $1,000 assessable assets exceed $482,500.00
  • As a pensioner couple, the amount reduces by $3 for every additional $1,000 assessable assets exceed $616,000.00
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Fortnightly Pension$933.30
Total under income test$933.30
Total under asset test$944.30

Family Tax Benefit Calculator

Family Tax Benefit Part A and Part B Calculator in Australia Centrelink

Income Tax Calculator

Total tax and tax rates calculation of Australia in 2020 based on your annual, daily or hourly salary.


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