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More than five million Aussies to receive cash boost in just weeks
Property News: Suburbs where house values rose most in the past 12 months.
Centrelink change prompts ‘double whack’ warning to Australian retirees: 'Reduced'
Thousands of Age Pension and other Centrelink recipients will see a reduction in their payments following another increase in the deeming rate. Deeming rates are the rates people are assumed to earn on financial assets and they impact calculations for Centrelink payments.
From March 20, the lower deeming rate will be increased from 0.75 per cent to 1.25 per cent. The higher deeming rate will increase from 2.75 per cent to 3.25 per cent.
The lower rate applies to all financial assets held by singles up to $64,200 and couples up to $106,200. The higher rate applies to balances above these thresholds.
Centrelink cash boost for 5 million Aussies on Age Pension, JobSeeker in weeks
GameSir Cyclone 2 Wireless Controller for Nintendo Switch 2 / iPhone / Android, Bluetooth Gamepad with Hall Effect Joystick
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