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Showing 1 - 10 of 100+ results for "Centrelink"

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... additional support over the next six months. And those receiving the pension, along with anyone else eligible for a Centrelink concession card, will also receive a one-off $250 payment aimed at easing cost of living pressure. With housing affordability ...

Tough news for those already doing it tough

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... $642.70 a fortnight. However, a one-off payment of $250 to assist with cost of living pressures will be made to all Centrelink concession card holders - this includes those on JobSeeker as well as those on other payments. JobSeeker was one area where ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... to many households, Macquarie University's Bachelor of Commerce course director Prashan Karunaratne said the use of Centrelink payments when unemployment is so low and inflation is rising could make inflation worse. "Both the government and the Reserve ...

Clients want more communication from advisers: Research

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
... align a service that matches changing needs. That could be in aged care, estate planning, philanthropy or dealing with Centrelink. While advisers may not provide all the solutions, they are ideally placed to facilitate these discussions and can engage ...

Active Super revamps digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 13 OCT 2021
... functionality." Via the online portal, members will also be able to make additional contributions; find lost super; generate a Centrelink/DVA schedule; request payment of pension; view beneficiaries; review insurance; and switch investments. Also commenting ...

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... Australia. Many employers, even large companies, still fail to pay parents parental leave - forcing them to rely on Centrelink parental leave payments. Up to 1.45 million mothers received Commonwealth Parental Leave Pay in the last 10 years. Under this ...

Advisers overlook home equity release strategies

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
Financial advisers are shunning home equity release or reverse mortgage strategies that could potentially benefit retiree clients, according to new research. Regtech Fourth Line and retiree financial services provider Pension Boost looked at the Statement ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... money] was destined to buy me a mortgage-free retirement. Instead, I am now living in a share house arrangement on Centrelink, with no hope of realising the rewards of a frugal life and consistent employment," she said. "I was confident and happy when ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... "collectively charged model", seeing many licensees erring on the side of caution in terms of assisting members with areas like Centrelink entitlements and household income retirement planning. It comes down to an on-boarding experience, she said. "How ...

Family home dominates adviser conversations

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... while others are looking into selling their assets. Howard said advisers are being asked how these will be treated by Centrelink in relation to clients' eligibility for the Age Pension. Broadly, foreign assets and income streams are captured in Centrelink's ...
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