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We have an old-age pension if your income and assets are below a certain amount: https://www.humanservices.gov.au/customer/services/centrelink/age-pension https

• jackvalentine 10y ago
  And in my opinion the assets test is too generous. My grandmother is sitting in a multi million dollar inner suburb property and claiming a pension. It seems harsh but I think she should be required to get her pension via the Pension Loans Scheme: https://www.humanservices.gov.au/customer/services/centrelink/pension-loans-scheme https://www.humanservices.gov.au/customer/services/centrelin...
  • jacalata 10y ago
    There is certainly room for discussion on the personal home exemptions to the asset test, I agree.