Age Pension and seniors concessions

The Age Pension is a cornerstone of Australia’s retirement income system, with more than 60% of over-65s receiving some payment. Eligibility is based on age, means tests and residency, and while many people may not qualify at retirement, it’s common to become eligible later as assets reduce. You can even work while receiving the Age Pension, with the Work Bonus providing a useful boost, and structuring your affairs appropriately can make a big difference to your entitlements.

Beyond the Age Pension, many retirees can also access valuable concessions, rebates and government services to help with everyday costs such as healthcare, utilities and transport. Importantly, you don’t always need to be on the Age Pension or fully retired to qualify. These concessions and services can provide meaningful savings and support throughout later life.