“We are a couple on the pension but have a shared asset with a third party and would like to sell this asset which means we would have $350,000 cash to place in the bank and use for renovations and personal expenses. We are currently not over the assets test, nor would we be with the cash from the sale, but would Centrelink reduce our pension payments anyway?"
-Question from Tony in Melbourne
Read the response from Kurt Grainger from Hks Financial Planning in Coorparoo, QLD HERE
Read the response from Dishna Wijenayake of Brillo Wealth Management in Melbourne, HERE
Read the response from Andy Darroch of Advise Me Today in Chippendale, HERE
Read the response from Paul Wrattan of Statewide Advice in Chadstone, VIC HERE
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