by James Coyle | Apr 29, 2022 | Centrelink Age Pension, Retirement Income
Can you beat inflation? – Highest price rises in 20 years Last Thursday, the long awaited Consumer Price Index (CPI) update for the March 2022 quarter was released by the Australian Bureau of Statistics (ABS). The graph below shows it all – a sharp spike in...
by James Coyle | Apr 29, 2022 | Centrelink Age Pension, Retirement Income
With last week’s headline inflation announcement of 5.1% per annum, it has become a matter of time before the Reserve Bank (RBA) responds by increasing the underlying cash rate of 0.1%. It’s no longer a question of if, but when. Rates will almost certainly rise at the...
by James Coyle | Apr 29, 2022 | Centrelink Age Pension, Retirement Income
Make sure your money lasts The most outstanding feature of Australia’s retirement income system has to be its complexity. During their working lives most people have managed just one source of income – their salary. If they have investments, this money typically adds...
by James Coyle | Apr 22, 2022 | Centrelink Age Pension
Avoid these costly errors A majority of retirees are on some form of government benefit at retirement age – just over 70% in fact. By the time retirees hit their 80s, 80% will be eligible for an Age Pension. So knowing how Centrelink works is critical. And knowing how...
by James Coyle | Apr 22, 2022 | Commonwealth Seniors Health Card
Many people associate Centrelink with Age Pension needs and payments. But it is also the agency which issues and manages the Commonwealth Seniors Health Card (CSHC). Another little known fact is that only 20% of those who might be eligible for this card (Australia’s...
