MORE STORIES

Centrelink – Services Australia

Can you own property and still be a non-homeowner?

Mark owns an investment property but doesn’t own his home. How is he assessed?

Federal Budget

Relief for thousands who need crucial cancer, Parkinson’s medication

Treatments become cheaper under changes to Pharmaceutical Benefits Scheme listings.

Centrelink – Services Australia

What are the pension implications of buying a second house?

Beverley wants to buy a cheap house for her son and wants to know if it will affect her pension.

Centrelink – Services Australia

Can you salary sacrifice into super and claim the pension?

Lurelle is approaching pension age and wants to know about the pension while working.

Income and asset tests

Can you take out a loan to reduce the value of your assets?

Norm has shares purchased through an equity loan account and wants to know how they are assessed by Centrelink.

Retirement Income

COVID-19 has brought on a new set of challenges for pensions, pensioners

Australia’s pension system is one of the world’s most successful, but it has its flaws. And those flaws have been exposed, especially for women who were already facing massive retirement income challenges.

Centrelink – Services Australia

How does Services Australia value excess land?

Ron is looking at purchasing a big property but thinks it might make him ineligible for the Age Pension when it comes time to apply.

News

ATO’s 2020 pension ruling will hurt retirees

A self-managed super fund expert believes the way that the Australian Taxation Office treats excess pension payments this year will disadvantage some retirees.

Age Pension

Government minister walks back talk of pension reprieve

Finance minister Mathias Cormann believes the position of pensioners has improved despite the indexation freeze that means there will be no increase until at least March next year.

Age Pension

PM flags possible pension payment reprieve

Prime Minister Scott Morrison suggests that there may still be more financial assistance on the way for pensioners.

Age Pension

Does capital gain from selling a property affect the pension?

Sanchez’s mother is selling an investment property and is worried about her pension.

Age Pension

How the Pension Loans Scheme works

Part age pensioners, or people who do not receive any income support pension because of the income or assets test, are able to borrow instalments from the government, under the Pension Loans Scheme.

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