The average age at which Australia's 4.5 million retirees quit work is 57, but the average age of those who retired in FY25 was much higher.
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Pension changes to assets and income tests revealed
The Federal Government announced changes to the upper and lower thresholds of the age pension assets and income tests today. The changes mean that from 1 July, Australians will be able to own and earn ...
Many seniors accessing in-home care will be required to make new financial contributions based on their income and, for the first time, their assets. But there is a way to reduce the burden.
The report found that as global uncertainty rises alongside the increasing size of pension fund assets, some governments were encouraging more domestic investment by pension funds in areas of national ...
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