Age Pension

Income and assets from outside Australia

If you or your partner get income from, or have assets outside Australia, we may have to reduce the amount of Age Pension you get.

How is it calculated

We include any income or assets you or your partner have in another country when we assess your eligibility for Age Pension.

We use exchange rates to work out what your overseas income or assets are worth in Australia. If you have too much, it can reduce the amount of Age Pension you get.

To ask about these rates, call the foreign exchange line if you’re in Australia or our international phone numbers if you’re outside Australia.

Page last updated: 12 May 2018