If you’re on a part-Age Pension because your assets are above the lower threshold, you may be in a stronger position to earn extra income than you realise - even beyond the Work Bonus. Here’s why. The Age Pension is reduced under two separate tests: The...
For many Australians, the idea of retiring overseas is more than just a lifestyle dream — it’s a practical plan. Whether driven by family ties, better weather, or a more affordable cost of living, an increasing number of retirees are exploring life beyond...
There’s a lot to think about when someone considers moving in with family or giving money to help build a granny flat or home extension. For older Australians, these decisions often involve a deep mix of personal, financial, and practical factors - but the...
Will you now get more? On 1 July three important Age Pension limits will change. These changes will affect all full Age Pension and part-Age Pension recipients as well as all those who are yet to qualify. The changes were announced on 12 June by...
If you’re applying for the Age Pension — or thinking about it — one of the key things Centrelink will assess is your assets. The assets test helps determine not only whether you qualify for the fortnightly payments, but also how much you’ll receive. ...
Navigating tax obligations can be tricky, especially for retirees relying on the Age Pension. While many assume they’re exempt from lodging tax returns, certain situations may require action. This article highlights real questions asked by our members - and...
Retirement isn’t always a full stop to earning income. Plenty of older Australians keep working — some for financial reasons, others for social connection, personal fulfilment, or simply because they enjoy it. But how does paid work affect the Age Pension?...
A checklist to help you prepare and succeed. Applying for the Age Pension can feel like a big step. Even if you’re confident that you meet the eligibility rules, the process can be time-consuming and confusing. Small mistakes - like missing documents or...
What you need to know What are the main changes which will affect retirees and their income over the next 12 months? Here’s a handy End of Financial Year (EOFY) checklist to keep you up-to-date. You may wish to also share this with friends and family. Some...