logotop new

Subscribe – Latest News & Updates

For up to date; industry news, market updates, financial strategies and product developments... Please enter your email below:

Social Security Bill Passed - changes to effect wide range of Australians both immediately and into the future.

Key social security changes originally announced in the 2014 Federal Budget passed through the Senate yesterday and will soon be law.  The Bill passed through the Senate without amendment with the support of the ALP and the Palmer United Party (minus Senator Jackie Lambie). The changes include extending deeming of account based pensions to the assessable income test for the Commonwealth Seniors Health Card from 1 January 2015.