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Centrelink – Services Australia

How does selling the family home affect the Age Pension?

Will I lose my pension if I sell my home or downsize to a smaller one? Learn the effects of selling or downsizing on income and assets test for your age pension.

Age Pension

How does a owning a portion of a house affect the pension?

Gloudina wants to buy half of her daughter’s house but is worried that it will affect her pension.

Centrelink – Services Australia

How does Centrelink assess property on multiple titles?

Warren is planning a tree change but wants to know the effect of buying a property on five titles.

Centrelink – Services Australia

Are you still assessed as a homeowner if you sell your home?

Vikki has sold her home and plans to buy another. Is she still considered a homeowner?

Centrelink – Services Australia

Is a margin loan an appropriate way to reduce your assets?

Hyacinth wants to know how Centrelink assesses her margin loan.

News

Age Pension income and assets thresholds revised

The Department of Social Services has released the revised income and assets test thresholds for the Age Pension that will take effect from 1 July 2019.

Centrelink – Services Australia

Do I need to tell Centrelink if I withdraw my money?

Gail wants to withdraw a sum of money from a term deposit and wants to know whether she has to inform Centrelink.

Age Pension

What is the difference between the income and assets test?

Marjie is currently assessed under the income test and wants to know what she needs to do to be assessed under the assets test.

Finance

The reason many Australians are tightening their belts

Australia’s financial comfort gap has narrowed for the first time in seven years, but many Australians are tightening their belts regardless.

Pension eligibility

Does the size of your property affect your Age Pension?

When your ‘house block’ is several hectares rather than a few hundred square metres in the suburbs, how does Centrelink assess your eligibility for an Age Pension?

Credit Cards

What to do if your property doesn’t sell

Downsizing might seem like a great idea, but what do you do if your property doesn’t sell?

Centrelink – Services Australia

Centrelink Q&A: Is Tina being short-changed?

Tina has listed her assets and wants to know why she is not receiving a full Age Pension.

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