Australian Age Pension Calculator (2026)

The amount depends on your parent's income, assets, relationship status, and homeownership. Using March 2026 rates, the maximum fortnightly Age Pension is $1,200.90 (single) or $905.20 per person ($1,810.40 combined) for a couple. Your actual payment is determined by Centrelink after a formal assessment. Enter your parent's financial details in the calculator above for a personalised estimate.

Yes, once two conditions are met: (1) aged 67 or over, and (2) 10 years of Australian residence as a permanent resident or citizen, including at least 5 continuous years (the qualifying residence period, QRP). The 10-year clock starts from the date a permanent visa is granted. Temporary visa holders (such as subclass 173 or 884) are not eligible, and time on a temporary visa does not count toward the QRP.

No. The primary residence is exempt from the assets test. However, not owning a home results in a higher asset threshold: $600,000 for a single non-homeowner versus $333,000 for a single homeowner (July 2026 thresholds). Investment properties are assessable assets and must be included.

Centrelink runs both tests and pays whichever produces the lower pension amount. The income test reduces the pension by $0.50 for every $1 of income above the free area ($226 per fortnight for singles, $396 combined for couples). The assets test reduces it by $3.00 for every $1,000 of assets above the threshold. This calculator shows both results and flags which is binding.

Deeming is the method Centrelink uses to assess income from financial assets — bank accounts, shares, superannuation in pension phase, and managed funds — regardless of actual returns. The current deeming rates are 1.25% per year on the first $66,800 of financial assets (single) or $110,600 (couple), then 3.25% on the balance. These rates took effect on 20 September 2025. The resulting deemed income is added to other income and assessed under the income test.

Brief overseas trips generally do not break the 10-year qualifying residence period (QRP) provided your parent remains an Australian permanent resident or citizen and intends to return. However, extended or frequent absences can affect whether that time counts toward the QRP — the outcome depends on the specific travel pattern and visa status during each absence, which can be complex. Separately, if your family signed an Assurance of Support (AoS) when the parent visa was granted, the AoS does not affect the pension calculation once the 10-year QRP is satisfied. However, the AoS period and any debt recovery under it can affect your family's finances during that time. If your parent has a complex absence history or your family has an active AoS, a consultation with a registered migration agent is recommended to map the eligibility timeline accurately.