The upper asset thresholds for the Age Pension assets test lift again on 20 March 2013, which means more Australians may now be eligible for the PART Age Pension. A single person can own more than $730,000 in assets (excluding his or her home), and still receive a small PART Age Pension, while a … [Read more...]
The upper income thresholds for the Age Pension income test lift again on 20 March 2013, which means more Australians are now eligible for the part Age Pension. A single person can earn more than $45,000 a year, and still receive a part Age Pension, while a couple can earn close to $70,000 a year … [Read more...]
In March, July and September of each year, the Federal Government changes the rules for claiming the Age Pension… for the better! The Age Pension income test and the Age Pension assets test are adjusted three times a year in line with increases in the Consumer Price Index. From 1 July 2012, the … [Read more...]
Increase of $32.49 per week for single Age Pensioners, and $10.14 for couples (see article ‘$32 per week increase in single Age Pension’) Age Pension age to increase to 67 from 2023 (see article ‘Age Pension age set to increase to 67’) New index, the Pensioner and Beneficiary Living Cost … [Read more...]
