Justin Bott from Services Australia returns to the show to answer your Centrelink questions:

👉🏾 can you setup work reporting online?

👉🏿 how does Centrelink assess real estate bigger than 2 hectare

👉🏻 closing a business and applying for the age pension

👉 the assets test: how to price assets like jewellery and artwork

👉🏼 paying off the mortgage vs keeping funds in account based pension

👉🏽 inherited money from mum who wants $50k shared between grandkids. How does this impact Centrelink gifting rules?

👉🏾 downsizing & the 2-year exemption for home sale proceeds

👉🏿 job seeker rules & access to super if you're forced out of work before 67

👉🏻 eligibility for rent assistance when moving into a retirement village

👉 inheriting an 800k home, will I lose the pension?

👉🏼 the nominee arrangement

👉🏽 are super returns considered income or assets?

👉🏿 own an IP which still has a mortgage on it, how is the value assessed?

Watch Retire Right on Youtube: https://youtube.com/playlist?list=PLQW_VRWNC0jR1KQDXi5pcXwREjc0pde9L&si=zIMg1Vow9SOhug_Z

If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help

Sign up to the Retire Right newsletter here: https://email.retireright.com.au/

🏡 Join the Retire Right facebook group: https://www.facebook.com/groups/retireright

To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. Symo Interactive Pty Ltd trading as Retire Right Australia & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice AFSL 243313.

---

Hosted on Acast. See acast.com/privacy for more information.