Centrelink Age Pension Articles

We’re not trained for retirement

We’re not trained for retirement

With the footy season underway, I thought I’d share a favorite story:  I was lucky to spend a few moments alone with Geelong Captain Joel Selwood, at a 2013 Grand Final Day event. He was pretty subdued as Geelong had missed the big game due to a...

Is the Age Pension unfair?

Is the Age Pension unfair?

This week one of our team, Mikahil Walden, pointed out an anomaly in the Age Pension thresholds that really disadvantages one group of people.  And in the midst of a national housing crisis it’s renters that are missing out. So what’s going on? The...

Age Pension rate increases apply today

Age Pension rate increases apply today

As of 20 March 2024, the Age Pension in Australia has increased. The information detailed below shows the increases, as confirmed by the Federal Government, including supplements for singles and couples.  For a single person, the maximum Age Pension...

Your 20 March 2024 Age Pension increase

Your 20 March 2024 Age Pension increase

Here's what you'll get The twice-yearly Age Pension increase is due to land on 20 March. We reported in mid February our predictions for singles and couples, and we’re pleased to say our predictions were correct within a few cents. The table below shows the...

Age Pension increases on 20 March 2024

Age Pension increases on 20 March 2024

It’s that time of year again when we receive clearer signals about the magnitude of Age Pension indexation scheduled for 20 March. From 20 March 2024 the maximum full Age Pension increases $19.60 per fortnight for a single person and $29.40 for a couple...

Unprocessed Centrelink claims surpass one million

Unprocessed Centrelink claims surpass one million

The average processing time for claims with Services Australia has continued to rise steadily since the start of the decade. Services Australia chief executive officer David Hazlehurst reported the latest numbers at the Senate Estimates meeting last week...

How much do Age Pensioners really need?

How much do Age Pensioners really need?

Can Age Pensioners ever save? This is a topic that comes up a lot. Because the primary source of income for nearly 70% of retirees is a full or part Age Pension, the ‘liveability’ of the pension is of critical importance.  But one Age Pensioner may bear...

Are deeming rates set to change? Should you plan ahead?

Are deeming rates set to change? Should you plan ahead?

Most of us can cope with adversity if it doesn’t arrive as a total surprise. Knowing what’s coming is often the best way to put plans in place to mitigate financial shocks. That’s why the subject of deeming rates needs to raised. All’s been quiet on this...