How does Centrelink treat bullion in regards to the assets test?
With the possibility of negative interests rates and “Bail in Bail out” if the financial system fails I am wondering if to take my cash out of the bank and buy bullion, but was wondering how Centrelink treat that in terms of the age pension?
Anyone have any idea?
Thanks in advance
Roger
3 comments
3 comments
The value is held a a Financial Asset, total is deemed and is also added to any non finacial assets to check Asset test limits