{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/income_test_cutoff_couple_combined.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "income_test_cutoff_couple_combined",
    "former_ids": [],
    "label": "Income test: cut-off point, couple living together (combined)",
    "category": "pension_income_test",
    "category_label": "Age Pension income test",
    "concept": "age_pension.income_test.cut_off",
    "kind": "threshold",
    "dimensions": {
      "household": "couple",
      "basis": "combined"
    },
    "value": 4128,
    "display_value": "$4,128 a fortnight",
    "unit": {
      "code": "AUD_per_fortnight",
      "plain": "Australian dollars per fortnight",
      "quantity": "money",
      "currency": "AUD",
      "per": "fortnight",
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2026-09-20",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-09-20",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "20_march_1_july_20_september",
    "review_dates": [
      "03-20",
      "07-01",
      "09-20"
    ],
    "source": {
      "title": "Income test for Age Pension",
      "publisher": "Services Australia",
      "url": "https://www.servicesaustralia.gov.au/income-test-for-age-pension",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "The combined income of both partners. The cut-off point can be higher with Rent Assistance or the Work Bonus, and lower for people who do not live in Australia. The effective date comes from the Department of Social Services rates list for 20 September 2026 indexation.",
    "conditions": [],
    "exceptions": [
      {
        "text": "The cut-off point can be higher with Rent Assistance or the Work Bonus, and lower for people who do not live in Australia.",
        "modelled": false
      }
    ],
    "caveats": [],
    "legal_basis": [],
    "derivation": {
      "expression": {
        "+": [
          {
            "var": "free_area"
          },
          {
            "/": [
              {
                "var": "max_rate"
              },
              {
                "*": [
                  2,
                  {
                    "/": [
                      {
                        "var": "taper"
                      },
                      100
                    ]
                  }
                ]
              }
            ]
          }
        ]
      },
      "inputs": {
        "free_area": "income_test_free_area_couple_combined",
        "max_rate": "age_pension_max_couple_combined",
        "taper": "income_test_taper_couple_each"
      },
      "basis": "implied",
      "valid_from": "2009-09-20",
      "description": "The combined free area plus the combined income above it at which the taper on each partner reduces the combined maximum rate to nil."
    },
    "related": {
      "same_concept": [
        "income_test_cutoff_single"
      ],
      "inputs": [
        "income_test_free_area_couple_combined",
        "age_pension_max_couple_combined",
        "income_test_taper_couple_each"
      ],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 3,
      "recorded_at": "2026-10-11T08:24:25Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Income test: cut-off point, couple living together (combined): $4,128 a fortnight, applies from 20 September 2026. Official source: Services Australia, Income test for Age Pension (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/pension-income-test/income-test-cutoff-couple-combined/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/income_test_cutoff_couple_combined.json",
      "page": "https://retirementwealth.com.au/rules/pension-income-test/income-test-cutoff-couple-combined/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/income_test_cutoff_couple_combined/2026-09-20.json"
    },
    "timeline": [
      {
        "value": 4128,
        "display_value": "$4,128 a fortnight",
        "ratio": null,
        "effective_from": "2026-09-20",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Income test for Age Pension",
          "publisher": "Services Australia",
          "url": "https://www.servicesaustralia.gov.au/income-test-for-age-pension",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/income_test_cutoff_couple_combined/2026-09-20.json"
      },
      {
        "value": 4016.8,
        "display_value": "$4,016.80 a fortnight",
        "ratio": null,
        "effective_from": "2026-07-01",
        "effective_to": "2026-09-19",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Social Security Payment Parameters: 1 July 2026 indexation",
          "publisher": "Department of Social Services",
          "url": "https://www.dss.gov.au/system/files/documents/2026-05/rates-list-1-july-2026.pdf",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/income_test_cutoff_couple_combined/2026-07-01.json"
      },
      {
        "value": 4000.8,
        "display_value": "$4,000.80 a fortnight",
        "ratio": null,
        "effective_from": null,
        "effective_to": "2026-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Social Security Payment Parameters: 1 July 2026 indexation",
          "publisher": "Department of Social Services",
          "url": "https://www.dss.gov.au/system/files/documents/2026-05/rates-list-1-july-2026.pdf",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": "Listed as the previous amount. The source does not state when it started.",
        "url": null
      }
    ]
  }
}