From 1 July 2018, the Federal Government is allowing ‘Downsizer contributions’ of up to $300,000 per individual who sells their family home after age 65.
Centrelink
2015 Budget changes to the Centrelink assets test
Budget asset test changes may cause some pre 1 January 2015 account-based pensions to cease to be “grandfathered” under the “deductible amount” income test One, possibly unintended, consequence of the 2015 Budget changes to the Centrelink assets test is that pre 1 January 2015 account-based pensions (which are currently excluded from the Centrelink “deeming” test […]
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