Home Equity Access Scheme: maximum advance payments in 26 fortnights, as a share of the maximum pension rate

50%

Applies from 1 July 2022
Source: Services Australia
Last verified 11 October 2026

Value: 50%
Unit: Per cent
Applies from: 1 July 2022
Reset cycle: Set by legislation. It changes only when the law changes.
Official source: Services Australia: Home Equity Access Scheme advance payments
Last verified: 11 October 2026, against the official source.

About this figure

The most that can be taken as lump sum advance payments in any 26 fortnight period, as a share of the maximum pension rate of the qualifying pension. Services Australia says no more than 2 advance payments can be taken in that period, and that an advance may reduce the fortnightly loan amount available. The effective date comes from the Social Services and Other Legislation Amendment (Pension Loans Scheme Enhancements) Act 2022, which commenced on 1 July 2022.

Change history

No earlier value has been recorded for this figure.

This figure as JSON

{
  "id": "heas_advance_max",
  "value": 50,
  "unit": "percent",
  "effective_from": "2022-07-01",
  "effective_from_basis": "value",
  "resets": "legislated",
  "source": {
    "publisher": "Services Australia",
    "title": "Home Equity Access Scheme advance payments"
  },
  "verification": {
    "status": "verified_primary",
    "checked_on": "2026-10-11"
  }
}

Also in /api/figures.json. Full record: /api/v2/figures/heas_advance_max.json