The main income assistance payment for the seniors in Australia is Age Pension and this age pension is adjusted twice a year: one on 20th March and 19th September. Now on 20th March, 2025, the age pension gets adjusted. Let’s check what Centrelink Pension Changes For May 2025 as the adjustments from 20th March will also be followed in May 2025. Apart from fortnightly rates, the eligibility rules also adjusted.
Centrelink Pension Changes For May 2025
The Centrelink Pension Changes For May 2025 includes new fortnightly rates, new assets limits, new income requirements. The adjustments are made as per inflation in Australia. These regular adjustments to age pension are made so that seniors can get adequate assistance during their old age. This support program can assist the aged Australians to offset their living costs and meet their daily needs. Let’s compare 2024 and 2025 age pension and let’s see what has changed?
servicesaustralia.gov.au Age Pension Changes May 2025 – Overview
| Post Title | Centrelink Pension Changes For May 2025 |
| Year | 2025 |
| Month | May |
| Country Name | Australia |
| Benefit Name | Age Pension |
| Issuing Authority | Centrelink / Services Australia |
| Beneficiaries | 67 Years aged residents with low income |
| Purpose | Monetary Support to aged Australians |
| Payment Frequency | Fortnightly |
| Current Rate | See this Guide |
| Effectiveness Date | 20th March 2025 |
| Post Category | Finance |
| Official Web Portal | www.servicesaustralia.gov.au |
Australia Age Pension Eligibility Changes 2025
The revisions are made to income and assets limits. Let’s see age pension full eligibility requirements here:
- 67 years is the age to get an age pension.
- Australian residency with a qualifying residence period rules must be followed.
- Follow new assets limits and see 2024 and 2025 comparison:
| Homeowner Status | Asset Free Area | Asset Limits | ||
| 2024 | 2025 | 2024 | 2025 | |
| Single | $3,14,000 | $3,14,000 | $6,95,500 | $6,97,000 |
| Couple Combined | $4,70,000 | $4,70,000 | $1,045,500 | $1,047,500 |
| Illness Separated, Couple Combined | $4,70,000 | $4,70,000 | $1,233,000 | $1,236,000 |
| Non Homeowner Status | Asset Free Area | Asset Limits | ||
| 2024 | 2025 | 2024 | 2025 | |
| Single | $5,66,000 | $5,66,000 | $9,47,500 | $9,49,000 |
| Couple Combined | $7,22,000 | $7,22,000 | $1,297,500 | $1,299,500 |
| Illness Separated, Couple Combined | $7,22,000 | $7,22,000 | $1,485,000 | $1,488,000 |
- Follow new income limits and see 2024 and 2025 comparison:
| Claimant Status | Income Free Area | Income Limit | ||
| 2024 | 2025 | 2024 | 2025 | |
| Single | $212 | $212 | $2,500.80 | $2,510.00 |
| Couples Combined | $372 | $372 | $3,822.40 | $3,836.40 |
| Illness Separated, Couple Combined | $372 | $372 | $4,949.60 | $4,968.00 |
Centrelink Age Pension Fortnightly Rate Changes May 2025
| Status | Basic Fortnightly Rate | Total Fortnightly Rate | ||
| 2024 | 2025 | 2024 | 2025 | |
| Single | $1,047.10 | $1,051.30 | $1,144.40 | $1,149.00 |
| Partnered | $789.30 | $792.50 | $862.60 | $866.10 |
| Couple Combined | $1,578.60 | $1,585.00 | $1,725.20 | $1,732.20 |
Centrelink Age Pension Payout Schedule May 2025
Officially, there is no schedule issued publicly for those who get age pension in Australia. Such beneficiaries need to check their my Gov account to see the payment schedule. But those who get an age pension and give overseas, they can see their schedule publicly as it is available on Centrelink official portal. See May 2025 schedule here:
| Issued on | Payment Period | Directly Deposited on | Cheque Received On |
| 1st May 2025 | 3rd April – 30th April 2025 | 7th May 2025 | 21st May 2025 |
| 29th May 2025 | 1st May – 28th May 2025 | 4th June 2025 | 18th June 2025 |
Fact Check: Age Pension Centrelink Changes May 2025
The Age pension changes for May 2025 here means the Age pension inflation adjustment that was done on March 20th, 2025. There are no other changes made by Centrelink to age pension in May 2025. These inflation adjustments include new amounts, new income requirements and new resource limits. For more 2025 Centrelink Age pension updates, go on Services Australia official website at www.servicesasutralia.gov.au.
FAQ Related To Centrelink Pension Changes For May 2025
What will Centrelink adjust in May 2025?
The centrelink has made no adjustment to Age pension in May. Here May 2025 adjustments means the inflation indexed changes that were done on 20th March.
What adjustments to Age Pension are made in 2025?
The age pension has undergone rate changes, income limits changes, and assets limits changes in 2025.
When will Centrelink make the next adjustment to Age pension?
The next adjustment to the age pension will be made on 19th September, 2025 as per official Centrelink schedule.
Where can aged pensioners see new Adjusted Rates, eligibility requirements?
Aged pensioners can see new Adjusted rates and eligibility rules through www.servicesasutralia.gov.au official page.
