As seen in FIFTY PLUS NEWS
As you may be aware, social security rates and thresholds are adjusted on a regular basis. Whenever there are changes it is a good time to check your eligibility. You may find that you are eligible for social security income payments and/or concession cards. The latest adjustment was on 20 September 2012, so the focus of this article is to update you on the changes to the thresholds.
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As seen in FIFTY~PLUS NEWS
When retired or approaching retirement, our minds often turn to the way we might spend all the extra free time. One aspect that is often part of a retirement plan is to do some travelling. However, travelling can be expensive, especially if we would like to visit exotic locations around the world.
A little bit of planning can go a long way to enable you to achieve some of those goals, whilst staying within your budget. So here are some tips that might help you in planning your next holiday… without forcing you to put the house on the line!
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The Reserve Bank of Australia has cut interest rates by 0.25%.
While this has various implications for businesses, exchange rates, residential property and our economy overall, the impact on households is direct through mortgage rates. And the big question is how much of the cut will be passed onto borrowers by the banks.
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Phew! So, the fact that it’s not the end of the world has been authenticated with a remarkable discovery a few days ago. It has been a popularly held belief that the Mayan calendar, from one of the great ancient civilisations, predicts the end of the world in December 2012. Last week, this prediction was refuted with the discovery of the earliest known Mayan calendar ever found, by archaeologists in a 1,000 year old house in Guatemala. This unearthed calendar shows a calendar spanning over 6,000 years and well past 2012. Well thank goodness for that!
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The Reserve Bank of Australia has cut interest rates by 0.5%.
While this has various implications for businesses, exchange rates, residential property and our economy overall, the impact on households is direct through mortgage rates. And the big question is how much of the cut will be passed onto borrowers by the banks.
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