An increase in the Asset Free Area to qualify for the full Age Pension (see table below); and A reduction in the Part Pension Assets Threshold, with a doubling of the pension reduction taper rate from ...
The government agency responsible for administering the age pension has been slammed for failing to properly monitor the major risks for overpayment.
Thinking of helping family financially in retirement? Here’s what the current Age Pension gifting rules allow, how Centrelink ...
It punishes older Australians who want to keep working by cutting their pension by 50 cents for every dollar earned above a very low threshold, and then taxing them as well. That would be shortsighted ...
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 amid ...