More “free” money from the Government… but don’t spend it all at once

There are two key dates in the year that are important to anyone who receives a Centrelink benefit. Those dates are 20 March and 20 September. It is on those days that pension and allowance benefits increase. On 20 March 2015, the age pension for a single person increased by $5.90 per ...

Living on the age pension

By Tuesday, November 25, 2014 0 No tags Permalink 6

For the majority of Australians who have entered, or are approaching retirement, the government funded age pension will provide all or a part of their income in retirement. Currently the Government spends around $40 billion a year on age pension payments, made to 2.4 million recipients. The government funded age pension ...

 

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