New Pension Rule From 1 July 2026: Your Part Pension Can Now Be CANCELLED Completely (Not Reduced)
Автор: Pension Clarity AU
Загружено: 2026-07-03
Просмотров: 100
Описание:
On 1 July 2026, a change to the Age Pension assets test came into effect that most pensioners haven't heard about yet. Instead of your part pension gradually reducing as your assets grow, it can now cancel completely once you pass the cut-off point for your situation.
In this video, I break down exactly what changed, the real asset thresholds for singles, couples, homeowners and non-homeowners, how the March 2026 deeming rate increase compounds the risk, what it means for your Commonwealth Seniors Health Card if you're a self-funded retiree, and the practical steps to check where you stand this week.
📞 USEFUL CONTACTS
Services Australia (Age Pension): 13 23 00
Financial Information Service (free): 13 23 00
myGov: my.gov.au
⚠️ DISCLAIMER
This video provides general information only and does not constitute personal financial, legal, or taxation advice. All figures are based on publicly available Services Australia information current at the time of publishing and are subject to change — thresholds are reviewed in March, July and September each year. Your individual circumstances may differ. Always confirm your specific situation with Services Australia, a registered financial adviser, or Centrelink's Financial Information Service before making any financial decisions. Pension Clarity AU is not affiliated with, endorsed by, or acting on behalf of the Australian Government, Services Australia, or Centrelink.
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