Is it time to apply for the aged pension? Pt. 2

Some weeks ago, I wrote a blog called ‘Is it time to apply for an age pension?’, which looked at the complexities and frustration of the application process. Some readers have asked the question - when should a person look at whether they would qualify for an age pension? For many people, ...

Change for good or change for the sake of change?

With the rather significant swing against the Coalition at last weekends’ by-election in the Sydney seat of Wentworth, we turn our attention to next year’s Federal Election, expected to be held around May 2019. If present trends are an indication of the future, we will see a change of government with ...

Income – not always what it appears to be

A person’s age pension entitlement is based on several factors. Their age this is the obvious factor. Are they single or a member of a couple? Do they own their home or are they are renting? However, the overriding consideration in determining a person’s correct entitlement is the application of the assets ...

Would you borrow money from the government?

What am I talking about? Two weeks ago, the Government handed down the 2018 Budget. One of the more interesting initiatives was the expansion of the Pensions Loans Scheme (PLS) to take effect from the 1st of July 2019 – subject to legislation being passed. Since the announcement of the expansion of ...

 

The information contained within this website is provided in good faith. Any information is provided as a general guide only and does not take into account the objectives, financial situation or needs of any individual. Accordingly before acting on any advice or information contained within this website you should consider the appropriateness having regard to your specific individual objectives, financial situation and/or needs. Whilst every effort has been made to ensure the accuracy of the information, no liability shall be assumed on any ground whatsoever with respect to decisions or actions taken as a result of acting upon such information. We strongly recommend that independent professional advice be obtained and additionally a copy of any relevant Product Disclosure Statement before making any decision about whether to acquire a particular financial product.