Income and assets test
Your rate of Carer Payment depends on what you earn and own. The person you provide care for also has to have income and assets under certain limits.
Income test for carers
If your and your partner’s income is over the limit, it can reduce how much we pay you. If it’s over the cut off point we can’t pay you at all.
Learn about the income test for Carer Payment.
Assets test for carers
If you and your partner’s assets are over the limit, it can reduce how much we pay you. If they’re over the cut off point we can’t pay you at all.
Learn about the full or part pension assets test for Carer Payment.
Income and assets limits for the person you provide care for
If they don't get a pension or benefit from us or the Department of Veterans’ Affairs, their:
- income must be less than $116,189 a year
- assets must be worth less than $716,750.
These figures change each year.
The tests can also include the income and assets of some family members.
The assets test:
- doesn't include the principal home and first 2 hectares surrounding it
- may allow you to get Carer Payment if the person getting care has assets over $716,750.
Page last updated: 1 April 2021
This information was printed 20 September 2021 from https://www.servicesaustralia.gov.au/individuals/services/centrelink/carer-payment/who-can-get-it/income-and-assets-test. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.