The new Age Pension rates, taking effect from 20 March 2013 (and applicable until 19 September 2013) are set out in the tables below. A single person eligible for the full Age Pension in Australia can now expect an annual Age Pension income (including supplement, and Clean Energy Supplement) of … [Read more...]
The upper asset thresholds for the Age Pension assets test lift again on 20 March 2013, which means more Australians may now be eligible for the PART Age Pension. A single person can own more than $730,000 in assets (excluding his or her home), and still receive a small PART Age Pension, while a … [Read more...]
The upper income thresholds for the Age Pension income test lift again on 20 March 2013, which means more Australians are now eligible for the part Age Pension. A single person can earn more than $45,000 a year, and still receive a part Age Pension, while a couple can earn close to $70,000 a year … [Read more...]
In March, July and September of each year, the Federal Government changes the rules for claiming the Age Pension… for the better! The Age Pension income test and the Age Pension assets test are adjusted three times a year in line with increases in the Consumer Price Index. From 1 July 2012, the … [Read more...]
