How much is the Age Pension per fortnight?

The maximum single Age Pension is {{rate:age-pension:single:total}} a fortnight, effective {{date:effective:age-pension}}. That total includes the basic rate, the Pension Supplement and the Energy Supplement. Couples are paid a lower rate each. Your own payment can be less if your income or assets are over the free area.

When does the Age Pension go up next?

The Age Pension is indexed twice a year, on 20 March and 20 September. The next increase is on {{date:nextIndexation:age-pension}}. New rates are published just before each date, and this page updates to match.

Does the Age Pension include the Energy Supplement?

Yes. The Energy Supplement is paid automatically with the Age Pension, and the total on this page includes it along with the Pension Supplement. The rate table shows each part separately, because the Energy Supplement is frozen and does not rise at indexation while the other parts do.

How much can I have in assets and still get the Age Pension?

It depends on whether you own your home and whether you are single or a couple. The single homeowner assets free area is {{assets:age-pension:freeArea:single-homeowner}}, and the pension reduces above that. The full assets test table on this page shows the free areas and the cut-off points for every situation.

How does deeming affect my Age Pension?

Your financial assets are treated as earning a set rate of income, called deeming, no matter what they actually earn. That deemed income is counted in the income test. Deeming means a term deposit paying little interest is still assessed at the deeming rate. See our deeming page for how the rates and thresholds work.

Is the Age Pension taxable?

The Age Pension is taxable income. In practice many pensioners pay little or no tax because of tax offsets available to older Australians. How this applies to you depends on your total income, so check the Australian Taxation Office for detail.

Age Pension rates 2026

Age Pension · Single

$1,200.90/fortnight

Typical total per fortnight · $31,223.40 ≈ per year (×26 fortnights)

Basic Rate: $1,100.30
Pension Supplement: $86.50
Energy Supplement: $14.10
Total per fortnight: $1,200.90

Effective 20 March 2026 · Source: DSS / Services Australia

The Age Pension is Australia's main income support payment for older people. If you have reached Age Pension age and meet the residence and means-test rules, it gives you a regular fortnightly payment to live on. It is paid by Services Australia through Centrelink.

Most people come to this page for one thing: how much the Age Pension pays right now. The figures here are the current rates. They change at indexation, and the next change is on 20 September 2026.

Every number on this page is taken line by line from the Department of Social Services rates list and checked against the Services Australia payments guide, so you can trust the amount you see and the date it applies from.

Full Age Pension rate table

Age Pension — rates per fortnight
Variant	Base rate	Supplements	Total /fortnight	≈ per year (×26)
Single	$1,100.30	$100.60	$1,200.90	$31,223.40
Couple (each)	$829.40	$75.80	$905.20	$23,535.20
Couple (combined)	$1,658.80	$151.60	$1,810.40	$47,070.40
Single — Outside Australia (non-resident rate)	$1,100.30	$30.10	$1,130.40	$29,390.40
Couple (each) — Outside Australia (non-resident rate)	$829.40	$24.80	$854.20	$22,209.20
Transitional rate — Single	$963.60	$14.10	$977.70	$25,420.20
Transitional rate — Couple (each)	$778.20	$10.60	$788.80	$20,508.80

Source: DSS Social Security Payment Parameters, 20 March 2026 — Pension — Single — Resident (common pension rate) · DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Resident (common pension rate) · derived: 2 × Couple (each) — DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Resident · DSS Social Security Payment Parameters, 20 March 2026 — Pension — Single — Non‑resident · DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Non‑resident · DSS Social Security Payment Parameters, 20 March 2026 — Transitional Pension — Single — Resident · DSS Social Security Payment Parameters, 20 March 2026 — Transitional Pension — Partnered (each) — Resident

The table below shows every Age Pension rate. The Age Pension is made up of a basic rate plus the Pension Supplement, and for most people the Energy Supplement as well. When a figure is labelled a total, it means the basic rate and those supplements added together.

Rates differ depending on whether you are single or a member of a couple. A couple is usually paid a lower rate each, because the couple total is meant to support two people who share costs. If illness forces a couple to live apart, each person can be paid at the higher single rate.

How your circumstances change this payment. Your income can reduce it, and your assets are tested too. See the detail:

Estimate your Age Pension

Relationship

Do you own your home?

Other income (per fortnight)

Income other than from financial assets (deeming is added automatically).

Total assessable assets

Excludes the family home if you're a homeowner.

Financial assets (for deeming)

Cash, shares, super in pension phase, bank accounts.

This is an estimate. Services Australia calculates your actual payment.

Estimated Age Pension

$1,200.90per fortnight

≈ per year (×26 fortnights) $31,223.40

Under both the income and assets free areas — the maximum rate applies.

How this is worked out

deemed income = 1.25% × (assets up to $66,800.00) + 3.25% × (assets above) = $0.00/yr → ÷26 = $0.00/fnincome test = 50c × (($0.00 + $0.00) − $226.00) = $0.00assets test = $3.00 × ⌊(assets − $333,000.00) / 1,000⌋ = $0.00payment = max(0, $1,200.90 − $0.00) = $1,200.90

What this means

The Age Pension is paid every two weeks. The total you see is the maximum, and it already includes the Pension Supplement, which helps with regular bills and medicine, and the Energy Supplement.

Two tests decide your rate: an income test and an assets test. Services Australia works out your payment under both tests, then pays you the lower of the two results. This is why someone with very little income can still get a reduced pension because of their assets, and the other way around.

Money in bank accounts, shares and similar financial assets is not counted on the actual interest or dividends it earns. Instead it is treated as earning a set rate, called deeming. You can read how this works on our deeming page.

The pension goes up twice a year, on 20 March and 20 September. Pensions are adjusted by the higher of two inflation measures and then checked against a wage benchmark. This is the reason the pension has grown faster than working-age payments like JobSeeker over the years.

Who can get Age Pension

Services Australia assesses Age Pension eligibility on your age, your residence history, and your income and assets. You generally need to have reached Age Pension age and to have been an Australian resident for at least 10 years.

This page reports the rates and the test rules. It does not decide your claim. For the eligibility rules that apply to your own situation, check the official Age Pension page linked at the top and bottom of this page.

Explore Age Pension

Rates change at indexation. The most recent update is the 1 July 2026 indexation. See the full indexation schedule and payment dates.

Age Pension: common questions

How much is the Age Pension per fortnight?: The maximum single Age Pension is $1,200.90 a fortnight, effective 20 March 2026. That total includes the basic rate, the Pension Supplement and the Energy Supplement. Couples are paid a lower rate each. Your own payment can be less if your income or assets are over the free area.
When does the Age Pension go up next?: The Age Pension is indexed twice a year, on 20 March and 20 September. The next increase is on 20 September 2026. New rates are published just before each date, and this page updates to match.
Does the Age Pension include the Energy Supplement?: Yes. The Energy Supplement is paid automatically with the Age Pension, and the total on this page includes it along with the Pension Supplement. The rate table shows each part separately, because the Energy Supplement is frozen and does not rise at indexation while the other parts do.
How much can I have in assets and still get the Age Pension?: It depends on whether you own your home and whether you are single or a couple. The single homeowner assets free area is $333,000, and the pension reduces above that. The full assets test table on this page shows the free areas and the cut-off points for every situation.
How does deeming affect my Age Pension?: Your financial assets are treated as earning a set rate of income, called deeming, no matter what they actually earn. That deemed income is counted in the income test. Deeming means a term deposit paying little interest is still assessed at the deeming rate. See our deeming page for how the rates and thresholds work.
Is the Age Pension taxable?: The Age Pension is taxable income. In practice many pensioners pay little or no tax because of tax offsets available to older Australians. How this applies to you depends on your total income, so check the Australian Taxation Office for detail.

Rates effective 20 March 2026. Source: DSS / Services Australia. Last reconciled against the DSS rates list on 17 July 2026. Figures are general information, not advice — see the methodology and disclaimer.

DSS Social Security Payment Parameters, 20 March 2026 — Pension — Single — Resident (common pension rate)
DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Resident (common pension rate)
derived: 2 × Couple (each) — DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Resident
DSS Social Security Payment Parameters, 20 March 2026 — Pension — Single — Non‑resident
DSS Social Security Payment Parameters, 20 March 2026 — Pension — Partnered (each) — Non‑resident
DSS Social Security Payment Parameters, 20 March 2026 — Transitional Pension — Single — Resident
DSS Social Security Payment Parameters, 20 March 2026 — Transitional Pension — Partnered (each) — Resident
Services Australia, A guide to Australian Government payments (CO029), 1 July 2026 edition — Income test for pensions; free areas from DSS Social Security Payment Parameters, 1 July 2026
DSS Social Security Payment Parameters, 1 July 2026 — Pension — Assets free areas / Assets limits — Resident

Official page: Services Australia

Estimates and general information only — not financial advice. Check Services Australia for your circumstances.

Rates current as of 20 March 2026. Source: DSS / Services Australia. Last checked 17 July 2026.