The income and asset test thresholds depend on whether your are a homeowner or non-homeowner and also whether you are single or a member of a couple.
Asset test thresholds
20 September 2020 – 19 March 2021
| Homeowner | Non-Homeowner | |||
| Full pension | Pension cut out | Full pension | Pension cut out | |
| Single | $268,000 | $583,000 | $482,500 | $797,500 |
| Couple | $401,500 | $876,500 | $616,000 | $1,091,000 |
Income test thresholds
20 September 2020 – 19 March 2021
| Full pension | Pension cut out | |
| Single | $4,628.00 pa | $53,731.60 pa |
| Couple | $8,216.00 pa | $82,243.20 pa |