The proposed changes to the Centrelink Age Pension announced in last years’ federal budget are now law, and will take effect from 1 January 2017.
Two significant changes will be imposed, these may be good and bad news for Age Pensioners. It’s important to review these changes and understand how they may impact your entitlement.
The good news:
From 1 January 2017 there will be an increase in the amount of allowable assets that you can have in order to qualify to receive full age pension. Click here to read more