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Centrelink Payments | Age Pension Eligibility 

(Information current as at 8 July 2020)

Reached age pension age:

Have you reached Age Pension Age, the table helps you calculate.

Under the income and assets test limits

Pensions have income and asset limits. If you are over these limits, you get a lower pension.

Income Test
Centrelink assess your income from all sources. This included financial assets such as superannuation. To work out how much your financial assets are worth as income, they use deeming.

Income test on your financial assets worth as income.

Asset Test
Pensions will not be paid when your assets are more than the amounts below.

Asset test when your assets are more than the limit for your situation. 

FOR MORE: information on income and assets test please see: 

An Australian resident, normally for at least 10 years

To get Age Pension, you need to have been an Australian resident for at least 10 years in total. For at least 5 of these years, there must be no break in your residency.

FOR MORE: information to determine which payments you are eligible for please visit the following website:

If you would like to print this information please click here for PDF format.

The information provided in this information sheet does not constitute advice. The information is of a general nature only and does not take into account your individual financial situation. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances.
Our Services

Our services go beyond compliance to find out more about your goals, your priorities and establish plans to grow and protect your future wealth. We will take the time to listen, ensuring we meet your goals, as well as guide you so you have a better understanding of the financial decisions being made. Our services include:

Accounting & Tax
Business Advisory
Wealth Creation & Preservation

Our People

Our Partners & Principals want to be part of your team that drives your future success, that provides you with solutions to your challengers. More importantly, who listens and knows exactly where you are going and what you want to achieve financially. 

"Helping you achieve your dreams, is our passion, and our strength is in our dedicated professional team."


News & Resources

Our priority is to ensure your kept up-to-date on trends, industry legislations, accounting and tax updates, business advisory information, superannuation and much, much, more. All of which, may have an impact on you and your business. Our resources provide additional supporting information in the following areas: 

Fact Sheets
News Articles
COVID-19 - Information Sheets
COVID-19 - Brentnalls SA Response

Our Location

255 Port Road

PO Box 338
Welland SA 5007 

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P: (08) 8241 8444
F: (08) 8241 8488

E: [email protected]

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