Your Finances

Pensions and allowances

The payments listed in this section are correct at 28 March 2008. In most cases you will need to meet certain Australian residency requirements, and if you have any queries always contact the relevant organisation. Please contact the given resources for futher information on pensions and allowances.

You may qualify for an Age Pension if you are over a certain age and you meet an assets and income test.

Centrepay allows Centrelink customers to have regular amounts deducted from their Centrelink payments for various purposes.

There are new changes to the pension assets test that will begin on 20 September 2007

You must be permanently blind or have a disability, illness or injury, with a specified impairment rating and be unable to work fulltime.

Centrelink customers may be eligible for an advance payment of their pension or benefit.

This allowance was introduced to help older people who are disadvantaged in the labour market.

You may qualify for a Newstart Allowance if you are unemployed and aged between 21 and Age Pension age.

You may qualify for a Partner Allowance if you were born on or before 1 July 1955.

Available to customers who are ineligible for a pension because of their income or assets.

To assist recipients to pay their utilities bills.

Are you a woman who has turned 50 years of age, is not a member of a couple, has become widowed, divorced or separated since turning 40 years of age and has no recent workforce experience?