Living under one roof as individuals requires a lot more information to be provided to Centrelink so they can accurately assess whether you are indeed a couple or a single. To this end you will probably be required to complete the Centrelink...
Centrelink Age Pension Articles
Pension rates are changing March
Centrelink have now announced the changes to Age Pension income and asset thresholds plus payment rates. For senior Australians receiving the full Age Pension this translates to an additional $7 per fortnight for singles and $10 per fortnight for couples...
Age Pension Stories #6
“My spouse doesn’t qualify, I didn’t know I could still get the Age Pension” DID YOU KNOW: 75% of Older Australians surveyed by YourLifeChoices in 2018 say the rules and regulations of retirement income are too complicated. “They are not sure about Age...
Age Pension Stories # 5 – Centrelink Can Be Faster with a Third Party Involved
Patience is a virtue. But why wait for months to get your Age Pension if there’s a faster option? The current average wait time for an Age Pension approval is 49 days, but there are stories of seniors waiting much longer for their entitlements. The...
New Age Pension payment rates, effective today
New Age Pension payment rates and Income and Asset test thresholds have come into effect today. Age Pension Payment Rate Changes Centrelink has reviewed and increased Age Pension payment rates. For senior Australians who are receiving the full Age Pension...
The Dignity of the Age Pension
In this post let's discuss an important cultural issue in Australia. The dignity of the age pension and the courage it takes to ask for a helping hand. The measure of a society is how it supports its senior citizens, and this is an idea that's been...
Age Pension Stories #4 – Deeming Rates – What Are People Saying?
“Can you recommend a bank or institution where I can deposit my $85,000 at 3% interest?” This question was posted by a certain Leah Sheridan in the comments section of the blogpost we published on 15 July discussing the changes in the deeming...
Super Pension, how will this impact your Age Pension application?
You’ve worked hard all your life and you’ve grown your super into a nice nest egg. Now you’re thinking about converting it to an Account-Based Pension or maybe you already have, but you’re wondering how this will impact your age pension application? In order...
Age Pension Stories #3: ‘I Found An Easy Way to Apply for Age Pension’
The Age Pension is something that many senior Australians are looking forward to getting when they retire. But sadly, the process of accessing the Pension is currently filled with unnecessary hurdles like laborious paperwork and long wait times....