Income and assets tests

You must meet the income and assets tests to get Parenting Payment. The amount you get depends on your income and assets.

Use our Payment Finder to work out how much Parenting Payment you may get.

We review the limits on 20 March, 1 July and 20 September each year.

There are limits to the amount of income and assets you can have.

How your income affects your payment

We use your and your partner’s fortnightly income to work out your payment.

We generally use the gross amount in the income test. This is the amount before tax or any other deductions. For some types of income such as from a business or real estate, we use the net amount.

If you get Parenting Payment and you don’t report your and your partner’s income to us, you may be overpaid. You could get a debt.

Income test

You can have income up to a certain amount before we reduce your payment.

If your income is above the cut-off point, Parenting Payment won’t be payable.

If you’re single

The income you can have before we reduce your payment depends on how many children you have.

Your payment will reduce by 40 cents for every dollar of income you have over the income amount listed in this table.

Income per fortnight before your payment starts to reduce
Number of childrenIncome per fortnight before your payment starts to reduce
1$220.60
2$245.20
3$269.80
More than 3$269.80 plus $24.60 for each extra child

If your income is over the cut-off point of $2,786.35 a fortnight, we pay you $0 for that fortnight. The cut-off point increases by $24.60 per child if you have more than one child.

If you’re Age Pension age or older, the income limit may be different.

If you have a partner

Partner who doesn’t get a pension payment from us

Your partner either:

  • gets a payment that’s not a pension
  • doesn’t get a payment from us.

We assess your and your partner’s income separately.

You could get a part payment if you meet all of these conditions:

  • your income is less than $1,368.00 each fortnight
  • your partner’s income is less than $2,568.34 each fortnight
  • your combined income is less than $2,736.00 each fortnight.

Your partner can have income up to $1,368.00 each fortnight before it affects your payment.

How you and your partner’s income affects your Parenting Payment
Your income each fortnightPartner’s income each fortnightParenting Payment rate
No more than $150No more than $1,368.00

You’ll get either of the following:

  • $712.30
  • $833.20 if you’re separated due to illness, respite care or prison.
No more than $150More than $1,368.00Your payment reduces by 60 cents for every dollar of income your partner has over $1,368.00.
Between $150 and $256No more than $1,368.00Your payment reduces by 50 cents for every dollar of income you have over $150.
Between $150 and $256More than $1,368.00Your payment reduces by 50 cents for every dollar of income you have over $150 and 60 cents for every dollar of income your partner has over $1,368.00.
More than $256No more than $1,368.00Your payment reduces by $53 plus 60 cents for every dollar of income you have over $256.
More than $256More than $1,368.00

Your payment reduces by $53 plus 60 cents for every dollar of income:

  • you have over $256
  • your partner has over $1,368.00.

If your partner gets Austudy or Youth Allowance, their fortnightly income limit is different.

Partner gets a pension payment from us

A pension payment includes Age Pension, Disability Support Pension or Carer Payment.

We assess your and your partner’s combined income.

To get the full payment you and your partner must have a combined income of less than $300 each fortnight. This doesn’t include money your partner gets from their pension.

You can get a part payment if you and your partner have a fortnightly income of less than $2,736 combined.

How your and your partner’s income affects your Parenting Payment
Combined income each fortnightParenting Payment rate
Up to $300$712.30 or $833.20 if you’re separated due to illness, respite care or prison.
Between $300 and $512Your payment reduces by 25 cents for every dollar of income you and your partner have over $300.
Over $512Your payment reduces by $53 plus 30 cents for every dollar of income you and your partner have over $512.

Income changes

If you or your partner are paid any income, you need to tell us before your next payment. You must tell us either:

This is so we can pay you and your partner the right amount and to help you avoid a debt.

If you get Family Tax Benefit or Child Care Subsidy you may also need to update your family income estimate when your income changes.

Assets test

There are limits to how much your assets can be worth. You won’t be eligible for payment if your assets are over the asset test limit.

Some items and property can affect your Parenting Payment. You and your partner’s assets include:

  • items and property you or your partner own in full or part
  • items and property you or your partner have an interest in
  • any debts owed to you and your partner
  • any assets overseas.

Your payment will cancel when your assets are more than the following amounts. The income limit still applies.

Asset limits
Your situationHomeownerNon-homeowner
Single$314,000$566,000
A couple, combined$470,000$722,000
A couple, one partner eligible, combined$470,000$722,000

Read more about asset types.

Page last updated: 20 September 2024.
QC 29456