Australian Aged Pension from September 2021

The Australian Aged Pension from September 2021.

The Australian Aged Pension is revised in March and September (normally) each year, and the September 2021 new Pension Rates have been released. This pension is paid Fortnightly.

The Age Pension recipients will increase by $14.80 a fortnight for singles, and … Read the rest

Australian Aged Pension and Work Bonus

How does the Work Bonus apply to the Australian Aged Pension.

Australians getting the Aged Pension are allowed to earn a small amount each fortnight, without affecting the amount they receive as their pension.

The basic rule is that their pension is NOT affected if they receive under $178 per … Read the rest

Australian Aged Pension from March 2021

The Australian Aged Pension from March 2021.

The Australian Aged Pension is revised in March and September (normally) each year, and the March 2021 new Pension Rates have been released. This pension is paid Fortnightly.

The Age Pension recipients will increase by $8.40 a fortnight for singles, and … Read the rest

Australian Aged Pension from March 2020

The Australian Aged Pension from March 2020.

The Australian Aged Pension is revised in March and September each year, and the March 2020 new Pension Rates have been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest

Superannuation in Australia

What is the Superannuation System in Australia?.

Most employees in Australia, whether full time, part time, casual, Permanent of Temporary resident, are entitled to compulsory superannuation (super) contributions from their employers.

This was brought in by the Labor government, (who held power between 11th July 1987 and 2nd March Read the rest

Australian Aged Pension from September 2019

The Australian Aged Pension from September 2019.

The Australian Aged Pension is revised in March and September each year, and the September 2019 new Pension Rates have now been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services … Read the rest

Australian Age Pensioner Updates April 2019

Updates for Australian Age Pensioners April 2019.

Age Pension Increase.

From 20th March 2019, the maximum Age Pension increased by $9.90 per fortnight for singles and $14.80 per fortnight for couples combined ($7.40 each).

Energy Supplement.

The energy supplement continues at $14.50 for singles, and $10.60 for each member of … Read the rest

Australian Aged Pension from March 2019

The Australian Aged Pension from March 2019.

The Australian Aged Pension is revised in March and September each year, and the March 2019 new Pension Rates have been released. This pension is paid Fortnightly.

The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest

Australian Seniors and Pensioners Tax Offset (SAPTO)

How much is the Seniors and Pensioners Tax Offset (SAPTO).

If you’re a Senior Australian, you may be eligible for the seniors and pensioners tax offset (SAPTO).

The SAPTO can reduce the amount of tax you are liable to pay. In some cases, it may reduce your tax liability to … Read the rest