The 2019 Federal Budget is scheduled to be handed down on April 2 (Tuesday) barely a month before the election. Prime Minister Scott Morrison promises to deliver a budget surplus (estimated at $1.3 billion); a move backed by economists from the National...
Centrelink have released its regular change to Age Pension rates in an attempt to keep payments in line with inflation. These new rates are effective from 20 March 2019. Centrelink determines an applicant’s Age Pension entitlement and therefore their Age...
Senior Australians are being encouraged to stay in the workforce without affecting their Age Pension with the Work Bonus incentive program. The Work Bonus applies to anyone who is receiving the Age Pension and works for an employer on a part time, casual or...
Are you looking to get your Age Pension quicker and without the headache of having to go backwards and forwards with Centrelink? Retirement Essentials offers an Age Pension Application service that is simple to use and supported by specialists...
Effective from 20 September 2018. What are the latest changes? Yesterday, Centrelink announced it’s regular changes to Age Pension rates in an attempt to keep payments in line with inflation. These new rates will be effective from 20 September, 2018. As you...
It is well known that the purpose of the Age Pension is to provide income support to older eligible Australians who need it. In many instances this is the only source of income for pensioners, or in the case of those with a larger amount of money, a...
New age pension rules mean processing delays will cost retirees more, but there are steps Aussies can take to reduce the sting, an advice provider has said. As of 31 July 2018, retrospective payment of the age pension is limited to the date when the...
As you may know, Centrelink determines an applicant’s Age Pension entitlement by assessing their income and assets independently, which is referred to as the Means Tests. The Means Tests are there to ensure the Age Pension is targeted to those who need it...
The Department of Human Services (DHS) has recently announced that Centrelink will stop the Intent to Claim starting 1 July 2018, which can further delay the processing of Age Pension entitlements. Prior to the new policy, you could file an ‘intent to claim’...