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Gavin Martin, Financial Adviser and the Managing Director of Cornerstone Wealth explainsGovernment Age Pension rates and thresholds from July 2014


Income test July 2014
Full pension
Single income less than $160 p.f. or $4,169 p.a.
Couple income less than $284 p.f. or $7,384 p.a.
Part pension
Single income less than $1,846 p.f. or $47,996 p.a.
Couple income less than $2,825 p.f. or $73,450 p.a.

Assets test July 2014
Full pension home owner
Single $202,000
Couple $286,000
Part pension home owner
Single $764,000
Couple $1,134,000



Payment rates July 2014
Single homeowner $21,913
Couple homeowner $33,036

Disclaimer
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