September 10, 2018 
Changes to income and asset thresholds will take effect from 20 September 2018.
Below are the new limits that will apply to you:
Centrelink income test limits for Age Pensions from 20 September 2018
| Situation | For full pension/allowance (per fortnight) | For part pension(pf) From 1 July 2018 |
| Single | up to $172 | less than $2004.60 |
| Couple (combined) | up to $304 | less than $3066.80 |
| Illness separated (couple combined) | up to $304 | less than $3969.20 |
Centrelink asset test limits for full Age Pensions from 20 September 2018
| Situation | Homeowners | Non-homeowners |
| Single | $258,500 | $465,500 |
| Couple (combined) | $387,500 | $594,500 |
| Illness separated (couple combined) | $387,500 | $594,500 |
Centrelink asset test limits for part Age Pensions – effective from 20 September 2018
| Situation | Homeowners | Non-homeowners |
| Single | $564,000 | $771,000 |
| Couple (combined) | $848,000 | $1,055,000 |
| Illness separated (couple combined) | $998,500 | $1,205,000 |
Centrelink income test limits for transitional part Age Pensions from 20 September 2018
| Situation | |
| Single | less than $2092.00 |
| Couple (combined) | less than $3402.00 |
| Illness separated (couple combined) | less than $4144.00 |
Centrelink asset test limits for transitional part Age Pensions – effective from 20 September 2018
| Situation | Homeowners | Non-homeowners |
| Single | $514,500 | $721,500 |
| Couple (combined) | $801,000 | $1,008,000 |
| Illness separated (couple combined) | $899,500 | $1,106,500 |
Centrelink deeming thresholds from 1 July 2018
| Family Situation | Assets Threshold | Increase | Deeming Rate |
| Single | $0 – $51,200 | $1000 | 1.75% |
| Above $51,200 | 3.25% | ||
| Pensioner Couple – combined (2) | $0 – $85,000 | $1600 | 1.75% |
| Above $85,000 | 3.25% |
Related articles:
Age Pension increases 20 September 2018
Newstart changes: 20 September 2018
Rent Assistance: 20 September 2018
