Cost of living in retirement

Cost of living in retirement

Are prices higher for retires? It’s logical to follow the quarterly and annual Consumer Price Index (CPI) changes to try to keep track of the price of household goods and services. If you did this you would believe that most Australians are subject to about the same...
March 2022 Asset threshold increases

March 2022 Asset threshold increases

As you are no doubt aware, qualification for the Age Pension is dependent upon meeting both the income and assets tests, and whichever test delivers the worse outcome – the lowest amount of pension – is the one upon which your Age Pension entitlement will...
March 2022 Income Thresholds

March 2022 Income Thresholds

Also known as pension disqualifying income limits, this is the amount of money that you are allowed  to earn before your Age Pension entitlement is removed completely The new income disqualifying limits have been increased by $40.20 per fortnight for singles and...
Age Pension Increases

Age Pension Increases

Biggest increase in nine years The March 20 Age Pension increases have been announced, with the highest increase for nine years soon to hit retirees’ pay packets. Current inflationary tendencies have had a marked impact on the rate of the Age Pension with...