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 ...

Dividend imputation – what does Labor’s announcement mean?

In the past week, there has been an enormous kerfuffle about Mr Shorten’s plans to abolish the refunding of excess franking credits. On the surface, this might look like a topic that is best ignored, however, there has been so much media commentary both in favour of and against the proposal, ...

Age Pension – not set and forget?

Applying for an age pension is not easy. There is a comprehensive and complicated application form with an extensive number of questions to be answered and depending on your circumstances, innumerable documents that need to be  photocopied and lodged as well. If an application is successful and the age pension is granted, ...

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 ...

 

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