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Finance

How interest rate cut will affect retirees

The Reserve Bank is set to cut official interest rates, which is bad news for millions of retirees with an emergency stash in the bank.

Age Pension

Centrelink Q&A: Are age pensioners being robbed?

Deeming rates are set at 3.25 per cent, but a good interest rate for a long-term deposit would not get near that, says Betty. So why can’t it be changed?

Age Pension payment rates

Age Pension update: increases and changes from 20 March 2019

Changes to the Age Pension will come into effect on 20 March 2019 and today, we help you find out if you'll receive more money.

Centrelink – Services Australia

Age Pension update: increases and changes from 20 September 2018

Changes to the Age Pension will come into effect on 20 September 2018 and today, we help you find out if you'll receive more money.

Centrelink News

Age Pension update: 1 July 2018 changes

New Age Pension changes will take effect from 1 July 2018. Find out how they will affect you.

Centrelink News

Age Pension: new thresholds from 20 March 2018

Changes to income and asset thresholds will take effect from 20 March 2018. Find out what thresholds will apply to you.

News

Cash or shares: how is an Age Pension affected?

John is considering venturing into the share market but is unsure how his part Age Pension will be affected by making the switch from savings to shares.

Income and asset tests

Age Pension: new thresholds from 20 September 2017

Changes to income and asset thresholds will take effect from 20 September 2017. Find out what thresholds will apply to you.

Centrelink – Services Australia

How does Centrelink assess offset accounts?

Graham has sold his primary home and plans to buy in 12 months. He wants to know how Centrelink will assess the proceeds of the sale if he places that money in an offset account.

Income and asset tests

Age Pension: new thresholds from 1 July 2017

Annual indexation of income and asset thresholds will take effect from 1 July 2017. Find out what threshold will apply.

News

Age Pension: is my credit card limit assessed as an asset?

Elisa is unsure how Centrelink will class credit available to her and her husband when it comes time to apply for an Age Pension. Is it a liability or an asset?

News

Rethinking the role of cash in your retirement income

In an era of low returns, many retirees are questioning the value of cash investments. Jon Kalkman of the Australian Investors Association (AIA) assesses the options.

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