Income and assets tests

You and your partner must meet the income and assets tests to get Parenting Payment. The amount you get depends on your and your partner’s income and assets.

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.

Use our Payment and Service Finder to work out how much Parenting Payment you may get.

We review the limits on 20 March, 1 July and 20 September each year.

Income test

If you're single

You can earn up to the income limit before we reduce your payment. The limit depends on how many children you have.

Number of children Gross income limit per fortnight to get the full payment
1 $192.60
2 $217.20
3 $241.80
More than 3 $241.80 plus $24.60 for each extra child.

Your payment will reduce by 40 cents for every dollar you earn over the gross income limit.

If you earn over the cut off point of $2,220.85 gross a fortnight, we won’t pay you at all. The cut off point increases by $24.60 per child if you have more than 1 child.

If you have a partner

Your partner can earn up to $2,029.50 per fortnight before it affects your eligibility for Parenting Payment.

If your partner earns between $2,029.50 and $3,086.11 per fortnight you may be eligible for JobSeeker Payment (JSP). The partner income test threshold has temporarily increased from $48,100 per year to $80,238 per year for JSP only. This is to allow people to get support during the coronavirus pandemic. You may no longer be eligible for JSP when the threshold reduces.

Partner gets a Centrelink pension

We assess your and your partner’s combined gross income.

To get the full payment you and your partner must earn less than $212 combined each fortnight. This doesn’t include money your partner gets from their pension.

You can get a part payment if you and your partner earn less than $1,991.00 combined each fortnight.

Combined gross income each fortnight Parenting Payment rate
Up to $212 $518.70 or $621.50 if you’re separated due to illness, respite care or prison.
Between $212 and $512 Your payment reduces by 25 cents for every dollar you and your partner earn over $212.
Over $512 Your payment reduces by $75 plus 30 cents for every dollar you and your partner earn over $512.

Partner doesn't get a Centrelink pension

We assess your and your partner’s gross income separately.

You could get a part payment if you meet all of these conditions:

  • you earn less than $995.50 each fortnight
  • your partner earns less than $2,029.50 each fortnight
  • your combined income is less than $2,160.50 each fortnight.

Your partner can earn up to $1,165 gross each fortnight before it affects your payment.

If your partner gets Austudy or Youth Allowance, the income limit they can earn each fortnight is different.

Your gross income each fortnight Partner's gross income each fortnight Parenting Payment rate
No more than $106 No more than $1,165 You’ll get either of the following:
  • $518.70
  • $621.50 if you’re separated due to illness, respite care or prison.
No more than $106 More than $1,165 Your payment reduces by 60 cents for every dollar your partner earns over $1,165.
Between $106 and $256 No more than $1,165 Your payment reduces by 50 cents for every dollar you earn over $106.
Between $106 and $256 More than $1,165 Your payment is reduced by 50 cents for every dollar you earn over $106 and 60 cents for every dollar your partner earns over $1,165.
More than $256 No more than $1,165 Your payment reduces by $75 plus 60 cents for every dollar you earn over $256.
More than $256 More than $1,165

Your payment reduces by $75 plus 60 cents for every dollar:

  • you earn over $256
  • your partner earns over $1,165.

Income changes

When your or your partner’s income changes you must tell us either:

This is so we can pay you and your partner the right amount and to help you avoid a debt. You need to tell us about the change before your next payment.

Assets test

You will not be eligible for payment if your assets are over the allowable limit.

We’ll still require details of your and your partner’s financial assets for the purpose of deeming.

Deeming is a set of rules used to work out the income we assess from your financial assets. We include deemed income in the income test.

Use your online account to update your assets, so we can pay you the right amount.

Some items and property can affect your Parenting Payment if you or your partner:

  • own in full
  • own in part
  • have an interest in.

This includes assets overseas.

Read more about assets.

Page last updated: 15 October 2020