by James Coyle | Nov 10, 2020 | Centrelink Age Pension
Can you increase your income and entitlements in retirement? Last week we covered a couple of simple things people might want to consider to improve their Age Pension entitlements. Namely, paying off a mortgage, renovating the family home and gifting. Here are some...
by James Coyle | Nov 9, 2020 | Centrelink Age Pension
Optimising your pension Many of our customers often wonder why they don’t get as much Age Pension as their friends. The obvious reason is that their financial circumstances are different but often people aren’t aware of some simple things that could change their...
by James Coyle | Oct 9, 2020 | Centrelink Age Pension
In Australia eligibility for the Age Pension is means tested. The rationale for this is two-fold. Firstly it helps ensure that Government entitlements go to those who need them most and secondly by putting a limit on the number of people that are eligible the Age...
by James Coyle | Oct 7, 2020 | Centrelink Age Pension
In his Federal budget speech delivered last night, the Treasurer Josh Frydenburg outlined numerous measures aimed at rebuilding a Covid-devasted economy by creating and supporting jobs and encouraging spending. So what were some of the highlights? Job Maker credits. ...
by James Coyle | Sep 28, 2020 | Centrelink Age Pension
Further support for Pensioners is likely Pensioners missed out on their usual Age Pension increase in September but in good news, the Minister for Social Services, Anne Ruston, has confirmed that there will be further support for Age Pensioners in the October...
by Jeremy Duffield | Sep 24, 2020 | Planning for Retirement
When I’m asked to say something about myself that other people don’t know, I often say: “My brother, Andrew, is in the Aria (rock & roll) Hall of Fame.” It always blows them away, because they think I’m so conservative and they remember my brother for his...
by James Coyle | Sep 21, 2020 | Centrelink Age Pension
The Retirement Income Review: Will there be changes to the treatment of the family home? The Federal Government is currently assessing the report of the Retirement Income Review and their response could have big implications for Age Pensioners. The review is...
by James Coyle | Aug 11, 2020 | Centrelink Age Pension
What is assessed as income? Working out your income for the Centrelink income tests isn’t as simple as looking at your payslip or a bank statement. Your total earnings from various sources, including what is known as “deemed” income, needs to be included. ...
by Alison Squire | Aug 10, 2020 | Centrelink Age Pension
When applying for the Age Pension an applicant must meet certain eligibility criteria; Residency Test Income Test Limits Assets Test Limits Whether the applicant is single or a couple is also taken into account. Couples have higher limits for the Income and...
by Jeremy Duffield | Aug 3, 2020 | Planning for Retirement
My mother Anne got me started in investing by buying me 100 shares of some long-forgotten mining company when I was 14 in the late ‘60s. Never made any money out of it but I did learn how to read the share pages. I probably learnt more by watching her...
