Centrelink

The Australian Government offers a range of social security services and payments to support those in need and assist people to become self-sufficient. Benefits are provided through various means, such as pensions, allowances, concessions and aged care services.

In assessing your eligibility for benefits Centrelink will apply a number of different calculations to your assets and income. Basic conditions of eligibility (such as age, health, employment status) and residential requirements must be met.

Understanding the rules and planning ahead can increase your potential benefits.

Create Financial Planning ABN 92 115 963 445, trading as IT Financial Services, is an Authorised Representative of Consultum Financial Advisers Pty Ltd, ABN 65 006 373 995, an Australian Financial Services Licensee with its registered office at Level 6, 161 Collins Street, Melbourne VIC 3000.