30 September 2026
September ASFA and Pension Changes
- regulatory
ASFA Changes
Single Person Modest
Annual Budget changing from $36,434 to $36,548
Target Balance remains at $110,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 132.44 | 133.13 |
Energy | 47.91 | 48.03 |
Food | 118.44 | 119.63 |
Communications | 33.07 | 33.28 |
Household | 40.39 | 40.47 |
Clothing | 22.30 | 22.55 |
Transport | 118.81 | 118.49 |
Health | 60.55 | 61.87 |
Leisure | 124.07 | 122.70 |
Single Person Comfortable
Annual Budget changing from $55,923 to $56,166
Target Balance remains at $630,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 155.71 | 156.57 |
Energy | 60.70 | 60.85 |
Food | 153.13 | 154.67 |
Communications | 45.79 | 46.08 |
Household | 80.07 | 80.32 |
Clothing | 29.79 | 30.12 |
Transport | 194.33 | 193.81 |
Health | 122.67 | 125.45 |
Leisure | 229.14 | 228.10 |
Couple Modest
Annual Budget changing from $52,473 to $52,690
Target Balance remains at $120,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 149.77 | 150.58 |
Energy | 64.35 | 64.51 |
Food | 219.57 | 221.78 |
Communications | 45.79 | 46.08 |
Household | 47.76 | 47.88 |
Clothing | 42.39 | 42.85 |
Transport | 126.24 | 125.92 |
Health | 117.22 | 119.94 |
Leisure | 192.14 | 189.95 |
Couple Comfortable
Annual Budget changing from $78,566 to $78,998
Target Balance remains at $730,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 162.61 | 163.51 |
Energy | 75.28 | 75.47 |
Food | 266.15 | 268.82 |
Communications | 59.01 | 59.39 |
Household | 101.41 | 101.74 |
Clothing | 55.48 | 56.08 |
Transport | 210.19 | 209.63 |
Health | 229.70 | 235.18 |
Leisure | 345.27 | 343.54 |
Pension Changes
Fortnightly Pension Rates
Energy Supplement remains at $14.10 (single) and $21.20 (couple combined)
Rate | Old Value ($) | New Value ($) |
|---|---|---|
Maximum basic rate (single) | 1,100.30 | 1,135.40 |
Maximum basic rate (couple combined) | 1,658.80 | 1,711.80 |
Pension Supplement (single) | 86.50 | 88.20 |
Pension Supplement (couple combined) | 130.40 | 133.00 |
Assets Test
Full pension limits (couple limits are combined). Rate of reduction remains at $3 per fortnight for every $1,000 over the limit.
Situation | Old Value ($) | New Value ($) |
|---|---|---|
Single homeowner | 321,500 | 333,000 |
Couple homeowner | 481,500 | 499,000 |
Single non-homeowner | 579,500 | 600,000 |
Couple non-homeowner | 739,500 | 766,000 |
Income Test
Fortnightly free areas (couple is combined). Rates of reduction remain at 50 cents (single) and 25 cents each (couple) per dollar over the free area.
Situation | Old Value ($) | New Value ($) |
|---|---|---|
Single | 218 | 226 |
Couple | 380 | 396 |
Deeming
Deeming thresholds remain at $66,800 (single) and $110,600 (couple combined)
Rate | Old Value (%) | New Value (%) |
|---|---|---|
Below threshold | 1.25 | 1.75 |
Above threshold | 3.25 | 3.75 |