by James Coyle | Jul 4, 2022 | Centrelink Age Pension
How much can you earn? Allowing retirees to earn more, whilst retaining their Age Pension eligibility, is a move that’s gaining momentum. A doubling of the current work bonus, from $7800 per annum to $15,600 without financial penalty has a lot of support. The proposed...
by James Coyle | Jun 27, 2022 | Centrelink Age Pension, Retirement Income
Tax rules for retirees Thursday marks the end of financial year 2022. Or the EOFY as it’s now commonly known. Many people assume – incorrectly – that retirees who don’t earn income don’t need to file anything. This is not true. There are two points to make here....
by James Coyle | Jun 27, 2022 | Centrelink Age Pension, Retirement Income
Eight ways your finances could change This year there are a flurry of financial changes coming through on 1 July. Some may dramatically affect your retirement income possibilities. At the very least, they should encourage you to review your current settings and...
by James Coyle | Jun 27, 2022 | Commonwealth Seniors Health Card
CSHC Eligibility Update During the recent Federal Election campaign both the Liberal National Party Coalition and the Labor Party promised to widen the eligibility of the Commonwealth Seniors Health Card (CSHC). The increased thresholds will allow an extra...
by James Coyle | Jun 20, 2022 | Centrelink Age Pension
As we reported last week, the qualifying limits for the Age Pension will change on 1 July. These changes are significant and therefore are likely to have a major impact upon your pension eligibility, as well as the amount of your fortnightly entitlements. The...