{"id":13887,"date":"2015-05-14T07:25:43","date_gmt":"2015-05-13T19:55:43","guid":{"rendered":"http:\/\/quantiphy.com.au\/oldbackup\/age-pension-assets-test-threshold-increased-taper-rate-tightened\/"},"modified":"2020-11-29T01:06:10","modified_gmt":"2020-11-28T13:36:10","slug":"age-pension-assets-test-threshold-increased-taper-rate-tightened","status":"publish","type":"post","link":"https:\/\/quantiphy.com.au\/oldbackup\/age-pension-assets-test-threshold-increased-taper-rate-tightened\/","title":{"rendered":"Age Pension assets test: threshold increased, taper rate tightened"},"content":{"rendered":"<p>The Government confirmed that the Age Pension assets test threshold for a single homeowner will be increased to $250,000 (up from $202,000) and $375,000 for a homeowner couple (up from $286,500) from January 2017. The assets test threshold (or assets free area) for non-homeowners will be increased to $450,000 (single) and $575,000 (couple). <\/p>\n<p>The assets test taper rate at which the Age Pension begins to phase out will be increased from $1.50 of pension per fortnight to $3.00 of pension for each $1,000 of assets over the relevant assets test threshold. The measures will commence from 1 January 2017.<\/p>\n<p>The Government will also be dropping its 2014 Budget proposal to index the Age Pension to CPI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government confirmed that the Age Pension assets test threshold for a single homeowner will be increased to $250,000 (up from $202,000) and $375,000 for a homeowner couple (up from $286,500) from January 2017. The assets test threshold (or assets free area) for non-homeowners will be increased to $450,000 (single) and $575,000 (couple). The assets&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13887","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Age Pension assets test: threshold increased, taper rate tightened - Quantiphy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/quantiphy.com.au\/oldbackup\/age-pension-assets-test-threshold-increased-taper-rate-tightened\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Age Pension assets test: threshold increased, taper rate tightened - Quantiphy\" \/>\n<meta property=\"og:description\" content=\"The Government confirmed that the Age Pension assets test threshold for a single homeowner will be increased to $250,000 (up from $202,000) and $375,000 for a homeowner couple (up from $286,500) from January 2017. The assets test threshold (or assets free area) for non-homeowners will be increased to $450,000 (single) and $575,000 (couple). 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