Nick Bruining: Falling asset values during this downturn offer an opportunity for part-pensioners to cash in

Resumen detallado

As the Australian economy stumbles towards a more severe downturn, the storm clouds of a possible recession could actually spell good news for Centrelink pensioners. Here’s why ...

As the Australian economy stumbles towards a more severe downturn, the storm clouds of a possible recession could spell good news for seniors. From four-wheel drives to beach houses, declines in the value of a range of assets could mean you become eligible for a part-pension from Centrelink for the first time — and existing part-pensioners could see a sizeable boost in their payment. Potential and part-pensioners affected by the Centrelink asset means test are the ones most likely to be affected. Those already receiving a full pension are not. Specialist Centrelink consultant Annette Sinclair said regular increases were part of the story.

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