News

Rates the government assumes people earn money on savings from will increase for the first time since they were lowered ...
Centrelink’s latest increase to pension payments should have seniors popping champagne corks, but it masks an nasty increase ...
The next round of indexation changes to the age pension will commence on 20 September. Here's how much extra you'll get in ...
Australia’s Age Pension system has undergone its most significant reforms in over a decade, with changes taking effect in April 2025. These reforms aim to improve financial support for retirees ...
The Department of Social Services this year warned new minister Tanya Plibersek that rich seniors were claiming the pension while also building inheritances.
Even though pension withdrawals are tax-free, it has left retirees facing little pressure to dispose of their wealth for 43 years and counting. As a result, the average Australian inheritance is now ...
For the government, the one-size-fits-all “deeming rates” simplify the way it calculates pensions and other income support ...
The federal government has announced changes to age pension payments from 20 September 2025 including a lift on the ...
The Association of Superannuation Funds of Australia (ASFA) says single homeowners need $595,000 and couple homeowners need $690,000 in superannuation savings by age 67 to enjoy a comfortable ...
Older Australians wanting to caravan around the country have been warned about the implications this journey can have on their Centrelink payments. Those wanting to get on the Age Pension or receive ...
Many individuals opt for a 'soft retirement,' gradually reducing their work hours instead of stopping entirely. This approach provides financial flexibility and facilitates a smoother emotional ...