As a New Zealand citizen who lives and works in Australia, Barry is unsure if he is entitled to an Australian Age Pension.
My wife and I have worked in Australia for the last 16 years and I am not sure if I can apply for an Australian Age Pension or if I have to apply for one from New Zealand. We own a small motel and are still working at this time, but would like to plan for when we do decide to stop work.
A.You may be entitled to an Australian Age Pension if you meet the necessary eligibility criteria. This includes residency and an income and assets test. As Australia has an International Social Security Agreement with New Zealand, periods of residency in both countries can be counted towards your eligibility.
You will need to apply for a New Zealand Age Pension as well and how much you receive will be factored into any Australian Age Pension calculations.
To find out more about the Social Security agreement between Australian and New Zealand, visit the Department of Human Services.
You can also download YOURLifeChoices Centrelink PDF, which should answer many of your questions.