Easy extra money: Are you still missing out? James ran a ‘back of the envelope’ exercise the other day and surprised most members of our team with his conclusion that nearly 800,000 self-funded retirees are going without. This also left us wondering why are...
30% cut on PBS As announced in the October 2022 Federal Budget, from January 1 this year, Pharmaceutical Benefits Scheme (PBS) medications now cost $30 per prescription, down from $42.50. This is the first time in its 75-year history that the maximum...
Easy concession applications Here’s a quick and easy way to lift your income in 2023 if you are a self-funded retiree. On November 4, the thresholds for the Commonwealth Seniors Health Care Card increased substantially. The Federal Government’s predictions...
You are probably now eligible On November 4, thresholds for the Commonwealth Seniors Health Card (CSHC) changed, with some very big increases. This meant that a majority of those Australians who are NOT on an Age Pension, but are 66.5 years or older, are...
At last the extended benefits of the Commonwealth Seniors Health Card are now available to the vast majority of retirees who are not eligible for an Age Pension. We most recently reported on this when the legislation was awaiting approval in the Senate. This...
Commonwealth Seniors Health Card Everything you need to know about this ‘gold’ savings card? The Commonwealth Seniors Health Card (CSHC) is often considered the gold standard of concession cards. It was first introduced in 1994 in order to give low income...
New thresholds for the Commonwealth Seniors Health Card commence on the 4th of November 2022. The increased thresholds are great news for older Australians as there is no asset test for the Commonwealth Seniors Health Card meaning many more people will be...
Health care card A health care card can provide enormous benefits. But it can be very confusing to know which card you can get and what the benefits will be. We’ve decided to bring together all the different types of health care cards, the rules of...
Which one is for you? When it comes to saving money in retirement, it’s fair to say that discount and concession cards can make a huge difference. The difficulty is that there are so many different types of cards for retirees that it becomes confusing as to...