by James Coyle | Nov 12, 2021 | Centrelink Age Pension, Uncategorized
A new bill has been introduced to the House of Representatives to curtail the use of Cashless Debit Cards (CDCs) for older Australians. The intention of giving welfare recipients this card was to prevent them from spending on substances which are harmful, with 80% of...
by James Coyle | Nov 12, 2021 | Centrelink Age Pension, Planning for Retirement
If so, how can you maximise your entitlements? At any given time about 65% of Australian retirees are receiving either a full or part age pension. But age pension entitlements tend to vary depending upon your age and lifestage. Just under 450,000 Australians enter...
by James Coyle | Nov 8, 2021 | Planning for Retirement, Retirement Income
How long do your savings need to last?? The younger you are the easier it can be to cope with financial setbacks. That’s because there is usually a ‘tomorrow’ in sight when you can work harder, earn more, put things back in place. Things change when you start planning...
by James Coyle | Nov 8, 2021 | Planning for Retirement, Retirement Income
The most well-known cryptocurrency, Bitcoin, was invented in 2009, although there is still some conjecture about who the actual inventor is. Cryptocurrency is a form of digital currency – no paper, no coins. It exists in a digital ledger with very strong...
by James Coyle | Nov 8, 2021 | Planning for Retirement, Retirement Income, Uncategorized
Why do retirees care? There were few surprises last week when the Reserve Bank decided for the 12th time in a row to leave the official cash rate at 0.10% But what exactly is the cash rate? And more importantly, what does this mean for retirees? The cash...