by James Coyle | Jan 20, 2022 | Centrelink Age Pension
Having successfully applied for a full or part Age Pension, your fortnightly payment may be further adjusted by applying the Pension Work Bonus. This week we define the Pension Work Bonus and explain how it works. Originally introduced in 2009 as an incentive for...
by James Coyle | Jan 14, 2022 | Centrelink Age Pension
In addition to your age there are three major considerations upon which your eligibility for the Age Pension is assessed; the income test, the assets test, and your residency status. Today we share the first of a three-part explanation of how these critical tests work...
by James Coyle | Jan 14, 2022 | Centrelink Age Pension, Retirement Income
Taper Rates: Understanding the Age Pension sliding scale This often misunderstood term applies to a sliding scale which sits between entitlement for a full Age Pension, a part Age Pension and no pension at all. When applied to your assets, it means that the value of...
by James Coyle | Jan 14, 2022 | Centrelink Age Pension, Commonwealth Seniors Health Card
Can you get free RATs test kits? It’s hard enough to keep up with frequent changes to health rules, let alone changes to your entitlements. So you may have missed the recent announcement of free rapid antigen tests (RATs) for all Australian concession card holders....
by James Coyle | Dec 23, 2021 | Centrelink Age Pension, Commonwealth Seniors Health Card, Planning for Retirement
Three ways to fund yourself Many people assume retirement income comes down to being on a pension or not. But it’s not quite as clear cut as this. The recent Treasury Intergenerational Report (IGR) shows that about 65% of retirees will be on full or part Age Pensions,...
