Pensioners living in million-dollar homes!

By Thursday, March 7, 2019 0 No tags Permalink 1

As many readers will be aware, the family home is exempt from means testing for Social Security benefits, including the age pension. But this hasn’t always been the case. When the Commonwealth first introduced the age pension back in 1909, the family home was included as an asset. However, in 1912 the Government of the ...

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 ...

 

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.