Income and assets tests

You must meet the income and assets tests to get JobSeeker Payment.

You need to tell us about your assets so we can pay you the right amount. Read more about what happens now the assets test waiver has ended.

Income test

We’ve increased the amount of income your partner can earn before it stops your payment. This is so more people can access JobSeeker Payment.

Family situation Payment reduces to zero once your income reaches this amount per fortnight
Single with no children. $1,257.50
Single, 60 years of age or older and have been getting payment for at least 9 months continuously. $1,346.17
Single, principal carer of a dependent child younger than 16, granted an exemption from mutual obligation requirements. $2,134.25
Single and a principal carer with a dependent child younger than 16. $1,675.25
Single, with a dependent child younger than 16, but not the principal carer. $1,335.84
Partnered.

$1,164.50 for your income. $3,086.11 for your partner’s income when you have income less than $300. This is a temporary increase from 25 September 2020 due to coronavirus (COVID-19) for JobSeeker Payment customers.

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.

If you get JobSeeker Payment from 25 September 2020

The income free area for JobSeeker Payment has increased to $300 per fortnight. This means you can earn more but still get the maximum payment rate. If you earn above $300 per fortnight, your payment reduces by 60 cents for each dollar over this amount. This doesn’t apply if you get JobSeeker Payment as a principal carer.

Your payment will reduce by 27 cents for every dollar your partner earns over $1,165 per fortnight. This amount may change if they get Pharmaceutical Allowance or Rent Assistance.

Read more about the income test for JobSeeker Payment.

Assets test

Your payment will cancel when your assets are more than the following amounts.

Family situation Homeowners Non-homeowners
Single. $268,000 $482,500
Couple combined. $401,500 $616,000
One partner eligible, combined assets. $401,500 $616,000

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

Page last updated: 9 October 2020