Income and assets tests for Parenting Payment

The amount of Parenting Payment you get depends on the income and assets of both you and your partner (if you have one).The following income and assets tests are updated on 20 March, 1 July and 20 September each year.

Income test—single parents

Your income must be no more than $180.60, plus $24.60 for each additional child, per fortnight to get the maximum payment. Income over this amount reduces your payment by 40 cents in the dollar.

A part payment may be available if your income is less than $1,993.35, plus $24.60 for each additional child, per fortnight or possibly a higher figure if you are eligible for Pharmaceutical Allowance.

Income test—partnered parents

Partner gets a pension

Your combined income must be less than $200 per fortnight to get the maximum payment.

Your combined income reduces your payment by 25 cents for each dollar between $200 and $500, and by 30 cents for each dollar above $500 per fortnight.

For part payment, your combined income must be less than $1,812.34 per fortnight.

Partner does not get a pension

Your income must be less than $100 per fortnight, and your partner’s income must be less than $894 per fortnight to receive the maximum payment.

Your income reduces your payment by 50 cents for each dollar between $100 and $250, and by 60 cents for each dollar above $250 per fortnight.

Your payment reduces by 60 cents for each dollar your partner’s income is over $894 per fortnight.

A part payment may be payable if:

  • your income is less than $906.17 per fortnight
  • your partner’s income is less than $1,675.17 per fortnight
  • your combined income is less than $1,800.17 per fortnight

Different limits apply if your partner receives Austudy or Youth Allowance.

Assets test

An asset is any property or possession you own either partly or wholly. It includes assets held outside Australia and debts owing to you.

Read the assets test for homeowners if you are buying or own your own home.

Read the assets test for non-homeowners if you rent or board.

Hardship provisions

If you are in severe financial hardship but do not meet the eligibility criteria, we will help you by assessing your financial situation and assets differently. Read more about hardship provisions.