{"id":630108,"date":"2026-09-20T02:42:29","date_gmt":"2026-09-20T02:42:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/630108\/"},"modified":"2026-09-20T02:42:29","modified_gmt":"2026-09-20T02:42:29","slug":"how-much-in-assets-can-you-own-and-still-get-the-age-pension-under-new-rules-starting-tomorrow","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/630108\/","title":{"rendered":"How much in assets can you own and still get the age pension under new rules starting tomorrow?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">How much you can own in assets while remaining eligible for the\u00a0<a href=\"https:\/\/www.dss.gov.au\/income-support-payments\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">age pension<\/a> will increase tomorrow, 20 September. <\/p>\n<p class=\"wp-block-paragraph\">The changes reflect\u00a0<a href=\"https:\/\/www.dss.gov.au\/income-support-payments\/social-security-indexation\" rel=\"nofollow noopener\" target=\"_blank\">indexation adjustments<\/a>, which are made twice per year, to account for <a href=\"https:\/\/www.fool.com.au\/investing-education\/inflation\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">inflation<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Let&#8217;s find out what&#8217;s changing tomorrow. <\/p>\n<p><img loading=\"eager\" fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/09\/walking-16.9-1200x675.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Senior couple climbing hill.\"  \/><\/p>\n<p>Image source: Getty Images<\/p>\n<p>How much can you own and still get the age pension?<\/p>\n<p class=\"wp-block-paragraph\">If you were born on or after 1 January 1957, you can apply for the pension from <a href=\"https:\/\/www.dss.gov.au\/seniors\/benefits-payments\/age-pension\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">age 67<\/a>. <\/p>\n<p class=\"wp-block-paragraph\">You do not have to be in <a href=\"https:\/\/www.fool.com.au\/retirement-guide\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">retirement<\/a>\u00a0to qualify for the pension. It&#8217;s an entitlement based on age, but it&#8217;s subject to a few rules. <\/p>\n<p class=\"wp-block-paragraph\">Among the most important are the <a href=\"https:\/\/www.servicesaustralia.gov.au\/assets-test-for-age-pension?context=22526\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">assets<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.servicesaustralia.gov.au\/income-test-for-age-pension?context=22526\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">income<\/a> tests. <\/p>\n<p class=\"wp-block-paragraph\">The pension is means-tested because it is social security designed to support senior Australians who need it most. <\/p>\n<p class=\"wp-block-paragraph\">Tomorrow, the rules for both tests change. In this article, we&#8217;re focusing on the assets test changes.<\/p>\n<p class=\"wp-block-paragraph\">Assessable assets under the test include <a href=\"https:\/\/www.fool.com.au\/definitions\/superannuation\/\" rel=\"nofollow noopener\" target=\"_blank\">superannuation<\/a>, ASX shares,\u00a0<a href=\"https:\/\/www.fool.com.au\/definitions\/bonds\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">bonds<\/a>,\u00a0<a href=\"https:\/\/www.fool.com.au\/investing-education\/investing-in-property\/\" rel=\"nofollow noopener\" target=\"_blank\">investment properties<\/a>, cash, and home contents.<\/p>\n<p class=\"wp-block-paragraph\">Your primary place of residence is excluded from the\u00a0assets test.<\/p>\n<p class=\"wp-block-paragraph\">If you rent, the rules allow you to own more in assets while still qualifying for the pension.<\/p>\n<p class=\"wp-block-paragraph\">Under this next round of indexation changes, the upper thresholds for the assets test are increasing.<\/p>\n<p class=\"wp-block-paragraph\">Here are the details.<\/p>\n<p>Do you own your home?<\/p>\n<p class=\"wp-block-paragraph\">Single homeowners whose assets are worth less than $333,000 qualify for the full age pension.<\/p>\n<p class=\"wp-block-paragraph\">Single homeowners whose assets are worth between $333,001 and $745,750 (up from $733,500) will be eligible for a part-payment.<\/p>\n<p class=\"wp-block-paragraph\">Couple homeowners whose assets are worth less than $499,000 are eligible for the full age pension.<\/p>\n<p class=\"wp-block-paragraph\">Couple homeowners who have between $499,001 and $1,121,000 (up from $1,102,500) in assets will be eligible for a part-payment.<\/p>\n<p>Do you rent your home?<\/p>\n<p class=\"wp-block-paragraph\">Single renters whose assets are worth less than $600,000 qualify for the full age pension.<\/p>\n<p class=\"wp-block-paragraph\">Single renters who have between $600,001 and $1,012,750 (up from $1,000,500) in assets will be eligible for a part-payment.<\/p>\n<p class=\"wp-block-paragraph\">Couple renters whose assets are worth less than $766,000\u00a0qualify for the full age pension.<\/p>\n<p class=\"wp-block-paragraph\">Couple renters who have between $766,001 and $1,388,000 (up from $1,369,500) in assets will be eligible for a part-payment.<\/p>\n<p>Age pension to increase by $37 per fortnight<\/p>\n<p class=\"wp-block-paragraph\">Pension payments are also increasing from tomorrow. <\/p>\n<p class=\"wp-block-paragraph\">Singles will get an extra $36.80 per fortnight, raising the total age pension payment to $1,237.70 per fortnight.<\/p>\n<p class=\"wp-block-paragraph\">Couples will get an extra $27.80 per partner, per fortnight, increasing the total payment to $933 per partner, per fortnight.<\/p>\n<p class=\"wp-block-paragraph\">If you&#8217;re curious about how much income you can earn while still getting the age pension under the new rules, <a href=\"https:\/\/www.fool.com.au\/2026\/09\/10\/how-much-income-can-you-earn-while-still-qualifying-for-the-age-pension\/\" rel=\"nofollow noopener\" target=\"_blank\">read our article here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"How much you can own in assets while remaining eligible for the\u00a0age pension will increase tomorrow, 20 September.&hellip;\n","protected":false},"author":2,"featured_media":630109,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[72,176,61,60,174,175],"class_list":["post-630108","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/630108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=630108"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/630108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/630109"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=630108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=630108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=630108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}