by James Coyle | Oct 9, 2020 | Centrelink Age Pension, Planning for Retirement, Retirement Income
In Australia eligibility for the Age Pension is means tested. The rationale for this is two-fold. Firstly it helps ensure that Government entitlements go to those who need them most and secondly by putting a limit on the number of people that are eligible the Age...
by James Coyle | Oct 7, 2020 | Centrelink Age Pension, Commonwealth Seniors Health Card, Planning for Retirement, Retirement Income
In his Federal budget speech delivered last night, the Treasurer Josh Frydenburg outlined numerous measures aimed at rebuilding a Covid-devasted economy by creating and supporting jobs and encouraging spending. So what were some of the highlights? Job Maker credits. ...
by James Coyle | Sep 28, 2020 | Centrelink Age Pension, Commonwealth Seniors Health Card, Planning for Retirement
Further support for Pensioners is likely Pensioners missed out on their usual Age Pension increase in September but in good news, the Minister for Social Services, Anne Ruston, has confirmed that there will be further support for Age Pensioners in the October...
by James Coyle | Sep 21, 2020 | Centrelink Age Pension, Planning for Retirement, Retirement Income, Superannuation Industry
The Retirement Income Review: Will there be changes to the treatment of the family home? The Federal Government is currently assessing the report of the Retirement Income Review and their response could have big implications for Age Pensioners. The review is looking...
by James Coyle | Aug 11, 2020 | Centrelink Age Pension, Commonwealth Seniors Health Card
What is assessed as income? Working out your income for the Centrelink income tests isn’t as simple as looking at your payslip or a bank statement. Your total earnings from various sources, including what is known as “deemed” income, needs to be included. Deemed...
