Social Security & Centrelink

Changes To The Pension Assets Test in 2017

7 Sep , 2015  

Pension-Home-Asset-Test

The law has been passed: from 1 January 2017, the Government will increase the Centrelink lower asset test thresholds (the assets test free area) and the withdrawal rate (the taper rate) at which pensions are reduced once that threshold is exceeded. The assets test free area is the amount of assets above which allowances are […]

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Retirement,Social Security & Centrelink

Aged Care – It Doesn’t have to be this hard – Really!

28 Apr , 2015  

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There is plenty of information out there about Aged Care – probably too much actually. However how do you get the whole process right? I have recently been involved in trying to help someone with their parents who are heading up to 90, and should have been considering Aged Care for some time. It has […]

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Retirement,Social Security & Centrelink

What Do The New Aged Care Reforms Mean To You

11 Mar , 2015  

aged-care-reforms

The ‘Living Longer, Living Better’ aged care reforms began on 1 July 2014. It is important to note that the new rules only apply to individuals who enter residential aged care on or after 1 July 2014, as existing residents will be grandfathered under the previous rules. The major changes are summarised in the table […]

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Personal Finance,Retirement,Social Security & Centrelink

Tips On How To Deal With Centrelink

30 Dec , 2014  

Aged-Pension-Centrelink-Advice

Have you ever had to deal with Centrelink? For yourself, or a family member? I once had a client tell me she would pay me $10,000 if she never had to go to Centrelink again. Considering she was on an Age Pension, this is quite a statement. Luckily it doesn’t cost that much for this […]

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