Superannuation Discussion + market volatility

[CaptJCool]

June 2025 figures for Age pension are available

 

[Quickstatus]

Rumours that the govt considering adjusting the OAG pension access rules by reducing the amount of assets held one can hold outside the family home - this would primarily affect those who have part super and part OAG.

 

[mrsterryn]

Rumours that the govt considering adjusting the OAG pension access rules by reducing the amount of assets held one can hold outside the family home - this would primarily affect those who have part super and part OAG.

It wouldn't just be the age pension , there is carers payment and disability support pension which all come under the same flag so to speak

 

[CaptJCool]

Rumours that the govt considering adjusting the OAG pension access rules by reducing the amount of assets held one can hold outside the family home - this would primarily affect those who have part super and part OAG.

Yeah that was reported in the Australia’n today

Adjusting thresholds reduces the OAG financial liability WITHOUT raising taxes

 

[mrsterryn]

I don't understand why deeming is so low currently on financial assets under the social security system. I was quite surprised when they didn't increase the deeming rates this past July 1st .

 

[CaptJCool]

I don't understand why deeming is so low currently on financial assets under the social security system. I was quite surprised when they didn't increase the deeming rates this past July 1st .

A sop to the 2 million age pensioners who own their home who vote LNP