The Older Persons Advocacy Network (OPAN) has welcomed the Federal Government’s decision to reform and simplify the Integrated Assessment Tool (IAT), following widespread concerns from older Australians, their families and independent advocates. Since its introduction, the IAT has attracted hundreds of complaints, with many arguing that it relies too heavily on a digital algorithm to […]
The Federal Government has dropped the retrospective element of proposed foreign resident capital gains tax (CGT) reforms after concerns raised by CPA Australia. The new Bill, introduced to Federal Parliament, removes a controversial proposal that would have changed the tax treatment of transactions dating back almost 20 years to 12 December 2006. Instead, the changes […]
with SMI Financial Solutions It seems like all people can talk about at the moment is how the Federal Budget affects investment properties, so we thought it was an ideal time to tackle the question of, “How an investment property affects your Age Pension eligibility”. Many people believe that owning an investment property excludes them […]
By Elizabeth Frias At recent regular gatherings of National Seniors Australia’s members from across Western Sydney, the atmosphere is warm and friendly. They discuss exciting outings and access to free RSV vaccines this winter, which would otherwise cost them $300 a pop. If topic shifts to the latest budget by the Albanese government and its […]
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