May 21, 2020 | Centrelink, Finances, Financial Literacy, Financial Planning, Retirement, Superannuation
As the COVID-19 virus took a sledgehammer to the economy, the federal government rapidly introduced a range of initiatives to help individuals who lost income as a result of the measures taken to control the virus. One of those initiatives was to allow qualifying...
Apr 16, 2020 | Age Pension, Centrelink, Uncategorised
Retirees have access to a range of concession cards, and some can access more than one card at the same time. These cards offer a variety of concessions to the card holder. Benefits can include medicines being available at a lower cost under the Pharmaceutical...
Apr 1, 2020 | Centrelink, Financial Literacy, Financial Planning, Superannuation
On 30 March 2020, the Government announced some changes as part of the next stage of the stimulus package. These include: the introduction of the JobKeeper payment, and a change to the income assessment of partner’s income for JobSeeker allowance. At the time of the...
Aug 10, 2019 | Age Pension, Centrelink, Financial Literacy, Financial Planning, Retirement, Superannuation
Growing older comes with a lot of changes, but that shouldn’t apply to your steady income. Here’s what you need to know to keep your retirement on track. You’ve worked hard for the bulk of your adult life and are looking forward to enjoying the spoils of a...
Jul 25, 2019 | Age Pension, Centrelink, Financial Literacy, Financial Planning, Retirement, Superannuation
Retirement: you’ve made it! And one of the rewards for all your hard work is that you can now access your superannuation. Suddenly a world of opportunities opens up – a Caribbean cruise, major home renovations or maybe helping your kids reduce some of their debt. Of...
Oct 7, 2018 | Age Pension, Centrelink, Financial Literacy
With Australia’s age pension being subject to an assets and income test, a simple way for part-pensioners to increase their pension payments is to give away some assets. Not surprisingly the government is on to such an obvious strategy. It’s called gifting, and while...
