Tag: Pension

The government has made temporary changes to the Work Bonus to give older Australians greater flexibility to work and earn more

The ACCI has called on the Federal Treasurer to incentivise aged pensioners to fill the gaps in labour demand.

Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees – go public. Examples are the $43 million error by Rebel Sport this year, the $2 million error by Lush Cosmetics last year, the $1 million in underpayments by Maurice Blackburn […]

Making informed investment decisions to secure a comfortable retirement Understanding the impact your preservation age has on your retirement plans Ensuring financial longevity rather than short term returns. Following the launch of their ‘Don’t Die Poor’ campaign in late March, Melbourne-based financial advisory, Pekada, are determined to maintain this momentum with their recent insights into […]

An increase to the retirement age may herald good news for small and medium sized business owners as the government moves to raise the pension age to 70.

Pensioners are likely to be worse off after the Government announced it would revise pension deeming rates upwards because of Australia’s strengthening economy.

Department of Family and Community Services head Jeff Harmer will submit a review this week, with an expected recommendation to increase the single aged pension by up to $35 a week. The estimated cost to the government will be $2 billion a year for every $10 a week increase. The Productivity Commission’s final report on […]