Nick Bruining: Some simple tweaks to your asset values can get you a bigger part-pension from Centrelink

Resumen detallado

There’s a simple hack many part-pensioners either ignore or don’t know about that can get them an immediate payment boost from Centrelink. Here’s what you should do right now ...

Keeping Services Australia — the parent agency of Centrelink — up to date is often the easiest way to generate extra income for those in receipt of a fortnightly part-payment. While there’s a legal obligation to notify Services Australia of a $2000 change in your circumstances within 14 days, many people aren’t aware, or ignore the rule. A part-pension is almost always due to the application of Centrelink’s means-testing rules, which apply an income test and an asset test to determine the rate of pension payable. Whichever test produces the lowest payment is the one used.

Inicio del artículo, extracto de The West Australian. Para leer el resto, abra el artículo en el sitio del medio.