Assets test: part pension cut-off, couple homeowner (combined)

Value

$1,121,000

Unit

Australian dollars

Applies from

20 September 2026

Reset cycle

The official figure is reviewed on 20 March, 1 July and 20 September each year.

Official source

Services Australia: Assets test for Age Pension

Last verified

11 October 2026, against the official source.

About this figure

The combined assets of both partners. Services Australia says these cut-off points are reviewed in March, July and September each year. The cut-off point is higher where Rent Assistance is paid with the pension.

Related figures

How it is worked out

The combined full pension threshold plus the combined assets above it at which the taper reduces the combined maximum rate to nil, rounded up to a multiple of $250. The calculation is set out in Department of Social Services: Social Security Guide, 4.2.3 Pensions & benefits assets tests.

• Assets test: full pension threshold, couple homeowner (combined) $499,000
• Age Pension maximum rate, couple combined (incl. supplements) $1,866 a fortnight
• Assets test taper rate $3 a fortnight per $1,000

Other versions on this site

• Assets test: part pension cut-off, single homeowner $745,750
• Assets test: part pension cut-off, single non-homeowner $1,012,750
• Assets test: part pension cut-off, couple non-homeowner (combined) $1,388,000

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