Advice

Changes to age pension: Calculate how it impacts you

By Noel Whittaker
July 22 2021 - 12:00am
Age pension changes seem simple but devil is in the detail

The latest six-monthly age pension adjustments have taken place - effective from 1 July. The main changes are a slight increase in the levels at which both the asset test and the income test starts to taper. The maximum pension for a single person remains at $952.70 a fortnight, and for a couple $718.10 a fortnight each.

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