financial advice

Aligning age pension and aged care means testing

Aligning age pension and aged care means testing

While we covered off the topic of Asset test changes and age pension in November 2016, I believe it is important to again highlight some of the effects of the changes now that they are actually in force.

It is highly likely that individuals moving into aged care from 1 January 2017 may face increased cashflow pressure due to altered treatment of the former home.

Good intent possibly doing more harm than good

Good intent possibly doing more harm than good

Most of us have an opinion on almost every topic … be it the weather, interest rates, the best way to butter toast or who’s going to win the footy on the weekend and why. Just recently with the Rio Olympics I found myself becoming somewhat of an armchair expert. Despite having almost no knowledge of most Olympic sports, I was only too willing to tell anyone within earshot why Australia was robbed in synchronised swimming or why our shooters did so well.