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Who can get a Pension Loan?

You may qualify for payment under the Pension Loans Scheme if:

• you are a male aged 65 years or over, or a female at the current Age Pension age or over (or the partner of someone who is), and
• you and your partner are receiving or could receive some pension under the income or assets tests, and
• you own real estate assets in Australia, that can be offered as security for the loan.

Only real estate owned in Australia can be used as security for the loan. Your home, if you own it, would normally be considered adequate security for the loan.

For more information, go to Factors that Affect Payments and Eligibility.