How much does Centrelink pay for age pension?
Your total income for Centrelink purposes is $30,732 per year. $30,732 is equal to $1,182 per fortnight which reduces your Age Pension entitlement by $505 per fortnight ( (1,182 -172) * 0.5). This would leave you with an Age Pension entitlement of $421.20 per fortnight (505-926.20) or $10,951.20 per year.
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