Over the last few weeks we have received lots of comments and questions from customers wondering how their partner’s age and working arrangements can affect their entitlements. So this week we are going to answer some of those questions. I am 67 and retired but my...
James Coyle

Age Pension means test: Improving retirement income rules
There are two major problems with the Age Pension income test. Firstly, the limit on how much you can earn is too low for retirees who are seeking ongoing meaningful workplace engagement. And secondly, the rules are now so complex, applicants for an Age Pension often find them downright incomprehensible.
Is the system working? Not as well as it could.
How to fix it seems relatively straightforward – here are three different approaches.
Deeming thresholds increase: More money in your pay packet?
Last week we promised an update on deeming thresholds. Along with the main income and asset threshold changes on 1 July the deeming thresholds will also be increased. This benefits all those whose assets are deemed to earn income by Centrelink. We have reported previously on the rates which remain frozen until 1 July 2025, but an increase to thresholds will be good news for many retirees.