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.

Age Pension

Aussie pensioners denied Age Pension increase in September

Early reports that the pension would not increase in September were confirmed on Tuesday, as government officials blame backwards inflation in the June quarter for the decision.

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

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.

Age Pension payment rates

No Age Pension rise in store for September indexation: CPSA

The Combined Pensioners and Superannuants Association claims there will be no increase to the Age Pension at the next indexation.

Banking & Investment

When are investments valued for deeming rates?

Harry is confused about the dates deeming rates are applied in the income assessment and wants some clarification on the rules.

Centrelink – Services Australia

What are the differences between concession cards?

Sue wants to know the difference between the Pensioner Concession Card and the Commonwealth Seniors Health Card.

Income and asset tests

Age Pension gifting rules explained

If you give away your income or assets, they may still count towards your means test.

Health news

Commonwealth Seniors Health Card may be key to $750 payment

Have your financial circumstances changed since the pandemic hit? Check your eligibility now to ensure you don’t inadvertently miss out on stimulus.

Centrelink News

Reports JobSeeker will rise are ‘factually incorrect’: Aston

Social services minister Anne Ruston slams reports that unemployment payment will rise by $75 a week.

Carer Payments

What is the Carer Allowance and who can get it?

The Carer Allowance is a fortnightly supplement available to people who give additional daily care to someone with a disability or a serious illness.


Do you qualify for second stimulus payment?

The federal government’s second $750 economic support payment is due to be sent to eligible Australians from 13 July. Have your circumstances changed and could you now be in line for a payment?

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