You need to tell us about your assets so we can pay you the right amount.
The amount you can earn before your payment reduces to zero depends on your family situation.
|Family situation||Payment reduces to zero once your income reaches this amount per fortnight|
|Single with no children.||$1,296.34|
|Single, 60 years of age or older and have been getting payment for at least 9 months continuously.||$1,391.50|
|Single, principal carer of a dependent child younger than 16, granted an exemption from mutual obligation requirements.||$2,484.00|
|Single and a principal carer with a dependent child younger than 16.||$1,985.75|
|Single, with a dependent child younger than 16, but not the principal carer.||$1,381.17|
|Partnered.||$1,195.34 for your income. $2,223.67 for your partner’s income when you have income less than $150.|
Depending on your circumstances, there may be different rates of income you can earn. This may include if either:
- you’re a principal carer of a dependent child younger than 16
- your partner gets a pension payment from us.
Find out more about different rates of income you can earn.
Your payment will cancel when your assets are more than the following amounts.
|One partner eligible, combined assets.||$419,000||$643,500|