Income and asset limits

You usually can’t get JobSeeker Payment if you have income or assets over a certain amount.

There are changes to claims and your obligations due to coronavirus (COVID-19). This includes changes to waiting periods, the income test, what you need to give us, and your obligations. We’ve suspended participation requirements for Disability Support Pension. We’ve also paused a range of Centrelink debt raising and recovery activities.

Income limits

When your income reaches these amounts your JobSeeker Payment reduces to zero. These amounts may be higher if you get Rent Assistance.

Family situation Payment reduces to nil once your income reaches this amount per fortnight
Single with no children. $1,086.50
Single, 60 years of age or older and have been receiving payment for at least 9 months continuously. $1,175.17
Single, principal carer, with a dependent child. $1,673.25
single principal carer of a dependent child, granted an exemption from mutual obligation requirements $2,124.75
Single, 60 years of age or older, and a principal carer with a dependent child. You must have been getting payment for at least 9 months continuously. $1,673.25
Single, with a dependent child but not the principal carer. $1,164.84
Partnered. $993.50 each

Find out more about different rates of income you can earn.

Asset limits

We’ll cancel your payment when your assets are more than the following amounts. These amounts may be higher if you get Rent Assistance.

Family situation Homeowners Non-homeowners
Single. $263,250 $473,750
Couple combined. $394,500 $605,000
One partner eligible, combined assets. $394,500 $605,000

Find out more about different kinds of assets you need to report.

Page last updated: 2 April 2020