Cuts to deeming rate gives one quarter of Australia’s pensioners an extra $804

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Pension bonus: Almost a million pensioners set to receive over $800 extra per year Almost a million Australians will be up to $804 better off after the federal government’s decision to cut deeming rates. Deeming rates are the rate of return that financial investments, owned by pensioners, are ‘assumed’ by the government to earn, and
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Labor accused of ‘milking’ self-funded retirees with franking credits policy

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Labor government ‘milking’ self-funded retirees from proposed franking credits policy Labor’s franking credits policy continues to come under fire as hundreds of thousands of Australians learn more about how the proposed policy will impact their retirement nest egg. Labor government’s policy to abolish franking credit refunds for everyone but age pensioners has been described as
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Protect yourself against phone scams from fake ‘Telstra technicians’

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Protect yourself against the latest phone scam from fake ‘Telstra technicians’ With the world becoming more ‘digitised’, we now find ourselves exposed to sharp increases in online fraud, phone scams and data breach hacks. We’re also seeing more creative techniques attempted by scammers to targeting individuals that are are not tech savvy. Gone are the
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Retirement & Retirement Intentions, Australia – Survey results

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Retirement & Retirement Intentions, Australia Survey results released on the Australian Bureau of Statistics (ABS) A survey conducted by the ABS on the retirement and retirement intentions of Australians aged from 45 years and over (in age groupings) provide for an interesting read. The survey is named Multipurpose Household Survey (MPHS). Below are some of
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Using non-thermal ultrasound procedures to treat Alzheimer’s disease

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Using non-thermal ultrasound procedures to treat Alzheimer’s disease Neurological disorders such as dementia and its major form, Alzheimer’s disease, are an ongoing and increasing challenge for our ageing population. Sadly, the disorders remain incurable as there are limitations in existing treatments such as drugs and surgical therapies, due to their difficulty in accessing the brain.
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Investment, dating, crypto scams rip off millions

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Investment, dating, crypto scams rip off millions Australians continue to lose money to dodgy schemes. Men are more likely to fall for investment scams while women are more likely to fall for dating scams. That’s according to the latest Targeting scams report from the Australian Competition and Consumer Commission (ACCC). The report found internet and
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How much does Facebook know about you?

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How much does Facebook know about you? Export your Facebook data In light of the recent Cambridge Analytica Facebook scandal in the mishandling +50 million users’ Facebook data, now is a good time to see just how much information Facebook knows about you. This will not only surprise you, but should definitely concern you, if
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Key findings from the Survey of Disability, Ageing & Carers (SDAC)

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Key findings from the Survey of Disability, Ageing & Carers (SDAC) This publication presents information from the 2015 Survey of Disability, Ageing and Carers (SDAC). Australians (those aged 65 years and over), as well as their needs is becoming increasingly important. In 2015, there were an estimated 3.5 million older Australians, representing one in every
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