How Much Is Age Pension (Single) in 2026?
Current fortnightly rate for a single person aged 67+, including supplements, income test, and assets test thresholds. Updated for March 2026 indexation.
Per Fortnight
$1,208.80
Per Week
$604.40
Per Month
$2,619.07
Per Year
$31,428.80
Payment Components
Base rate$1,116.30
Pension Supplement$78.40
Energy Supplement$14.10
Total per fortnight$1,208.80
Income Test
Income free area$204.00 per fortnight
Payment cuts out at approx$2,620.00/fn
Above $204 per fortnight, the pension reduces by 50 cents for every dollar earned. The Work Bonus allows an extra $300/fn of employment income to be excluded (bank up to $11,800).
Assets Test Thresholds
| Situation | Homeowner | Non-Homeowner |
|---|---|---|
| Single | $301,750.00 | $543,750.00 |
| Couple (combined) | $451,500.00 | $693,500.00 |
Above the full pension threshold, the pension reduces by $3 per fortnight for every $1,000 in assets. Cuts off entirely at $674,000 (homeowner) or $916,000 (non-homeowner).
Supplements Included
- ✓Pension Supplement ($78.40/fn)
- ✓Energy Supplement ($14.10/fn)
Additional Payments You Might Get
- +Rent Assistance (up to $184.80/fn if renting)
- +Pharmaceutical Allowance ($6.60/fn)
- +Pensioner Concession Card
- +Work Bonus ($300/fn employment income excluded)
Eligibility Quick-Check
- •Aged 67 or older
- •Australian resident for at least 10 years (5 continuous)
- •Meet income and assets tests
- •Not receiving another income support pension
Want to see your exact payment based on your income and assets?
Use the Age Pension CalculatorCompare Other Payment Rates
JobSeeker Payment (Single, No Children)JobSeeker Payment (Partnered)JobSeeker Payment (Single Parent / Principal Carer)Youth Allowance (Single, 18+, Living at Home)Youth Allowance (Single, Away From Home)Age Pension (Couple, Each)Parenting Payment Single (PPS)Parenting Payment Partnered (PPP)Disability Support Pension (Single)Disability Support Pension (Couple, Each)Carer Payment (Single)Carer Payment (Couple, Each)Austudy
General information and estimates only — not financial, tax, or legal advice. Always verify with Services Australia.