Age Pension calculator| Rate | Single |
Pensioner couple (combined)1 | Non Pensioner couple (each)2 |
|---|---|---|---|
1.25% |
First $66,800 ($835.00) |
First $110,600 ($1,382.50) |
First $55,300 ($691.25) |
3.25% |
Excess |
Excess |
Excess |
Thresholds shown are for the period 1 Jul 2026 – 30 Jun 2027.
1 |
At least one member receives a pension. |
2 |
Neither receives a pension. Each member is tested separately on their personal financial investments. |
Under the sale proceeds exemption, principal homes sold after 1 January 2023 have proceeds from the sale of the principal home intended for the purchase of a new principal home and invested in a financial investment, deemed at the lower rate of 1.25% for income test purposes, during the period when the sale proceeds are exempt from the assets test (up to 24 months).
Deeming rate thresholds are indexed each 1 July.